> You don’t need thousands, let alone millions, of employees labouring for you.
Name a company with a billion dollars in revenue that is, or could be, operated solely by someone with a laptop and programming skills.
Name a company with a billion dollars in revenue that is, or could be, operated solely by someone with a laptop and programming skills.
Indeed. There's a big difference between 1 person and a team of hundreds.
I definitely would not describe myself as a socialist (I have an academic background in economics) but it's pretty clear that the labor theory of value is not contradicted in the slightest by citing examples of lone rent-seekers.