Yes, the image is correct, but I think theUnlikely was refering to the text “Capitalism exists by selling the value you produce for less than your labor costs.”
It’s backwards, it should be the value you (the laborer) produce is sold for more than than your labor costs.
ok, yea now I can understand how that sentence could be confusing. It’s technically correct, but written kinda backwards as people would normally understand it
No, it’s not correct in any way:
“Capitalism exists by selling the value you produce for less than your labor costs.”
- you produce the value
- capitalism pays your labor costs for the value
- capitalism sells the value for… more, never less
Capitalism exists by selling the value you produce for less than your labor costs ==> Capitalism exists by selling the value you produce for less than your labor costs [the capitalist/employer].
It’s technically correct, but unclear.