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Question about ownership of the means of production (lemmy.world)

submitted 6 months ago by knitwitt@lemmy.world to c/socialism@lemmy.ml

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Howdy! I'm new here and was hoping someone might have some insight to a question I've been thinking about for a while:

If I saved up my money and bought a tractor, would it be permissible/ethical to charge others to use it when I didn't need it?

This seems awfully similar to owning the means of production. What if I instead offered to plow their fields for them instead, driving the tractor myself and negotiating fair compensation in exchange?

Sorry if this is basic stuff I'm still learning. 🙏

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[–] bunkyprewster@startrek.website 1 points 6 months ago

Oh I like the way your are thinking....

So you labor, make something, exchange that for money and then buy the tractor. The tractor making people get your money in exchange for their tractor constructing labor. In this regard folks are just exchanging the product of their own labor.

But if you start renting the tractor out is that the same? In some sense the tractor is a substitute for the product of your effort (you traded grain for money for tractor) so if you were to trade the tractor for, say beer, its still just a swap. But if you are renting the tractor, you get something from the renters but you still have the whole tractor back at the end. You got something from them just for having had ownership of the tractor.