Well done. You have correctly identified an “error” or dare I call it a fallacy that attempts to collectivizes the marketplace and call it the “public commons”.
The suggestion that billionaires are monopolizing “the commons” by expropriating dollars from the workers is a fundamental economic error— misunderstanding what wealth means. Money is merely a tool that allows for economic activity, but the real wealth is the underlying productive capacity that enables people to acquire and benefit from the goods and services they need and want—products are paid for by products.
Well done. You have correctly identified an “error” or dare I call it a fallacy that attempts to collectivizes the marketplace and call it the “public commons”.
The suggestion that billionaires are monopolizing “the commons” by expropriating dollars from the workers is a fundamental economic error— misunderstanding what wealth means. Money is merely a tool that allows for economic activity, but the real wealth is the underlying productive capacity that enables people to acquire and benefit from the goods and services they need and want—products are paid for by products.