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Lenin (programming.dev)
submitted 2 years ago by sizeoftheuniverse@programming.dev to c/memes@lemmy.ml
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[-] SneakyThunder@sh.itjust.works 4 points 2 years ago

Ok, can you "educate" me why I need to get rid of my private property?

And fascists practiced economic policies of "corporatism", not capitalism

[-] TrismegistusMx@lemmy.world 5 points 2 years ago

You don't have private property. You have personal property. https://allthedifferences.com/personal-vs-private-property-whats-the-difference/

Fascism and corporatism is just end stage capitalism. Every time capitalism fails it is bailed out by socialism or it devolves into genocide.

[-] SneakyThunder@sh.itjust.works 4 points 2 years ago

The possession of personal property can’t earn you any money

If I understand it correctly my laptop and 3d printer, are private property since I can make money with those...

[-] TrismegistusMx@lemmy.world 1 points 2 years ago

No you can't. You have to create a legal entity before you're allowed to make money.

[-] SneakyThunder@sh.itjust.works 1 points 2 years ago* (last edited 2 years ago)

I'm not sure if thats required here, but it's totally possible without asking for government permission

Edit: i might be wrong here because of "legal speak" language barrier, but if I understand correctly you can make money from your business as a regular person just fine (legally). There's just a limit on how much you can earn before needing yo register as a business

[-] TrismegistusMx@lemmy.world 1 points 2 years ago* (last edited 2 years ago)

You can make exactly $600 per year off your personal property before you run afoul of tax laws in the USA.

[-] SneakyThunder@sh.itjust.works 2 points 2 years ago

Thats sad(

There its ~25k$ IIRC. (Although doesn't count net profit, just all money you recive)

But there's huge gray market here, and I'm sure US has it too

this post was submitted on 29 Jul 2023
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