• MxM111@kbin.social
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    9 months ago

    Are you talking about broker taking commission when buying and selling stock? They provide service of buying/selling and the commission is the service fee. Why is it not their labor?

    • EchoCT@lemmy.ml
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      9 months ago

      Moving fake numbers representative of labor is not in itself labor. It’s extraction of labor value from someone who actually provided something useful to society.

      • MxM111@kbin.social
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        9 months ago

        Moving numbers or information representing anything or nothing is a service processed to the one who purchased the service - to the person or institution that wants to buy or sell stock. Why is it not labour? Do you not count sales person actions in a store as labour?