What use is there of shareholders, lenders, ceos, and finaciers?
Why are they absolute when it comes to shutting down production, manipulating the MOP, and calling the shots?
What is the empirical evidence of their genius or their ability that… If they were too disappear; the whole of society would be left confused, blind, and inert?
I know we all say the truth that they really are just useless parasites. But genuinely more and more; the capitalist class is looking just as vestigial as royalty and aristocrats.
What is the point of them? Cause there MUST BE at least some material benefit to them at least a little… Right?
The only thing I can think of is that boards of directors seeves as a working model of what a high ranking vanguard may look like with all the trappings of material conditions and proletarian class based ideogly being the motive of success instead of profits.
Why does anyone tolerate this arraingment?
You’re absolutely right. The myth of capitalist meritocracy is nothing more than a modern re-interpretation of the divine right of kings.
A socialist society only has need of private capitalists insofar as they can serve as an interface to the capitalist world through which capital and technology can be attracted and which can be used to accelerate the development of productive forces. This is what China has done while at the same time keeping them on a tight leash, disciplining them as needed and making it clear that the vanguard of the proletariat holds all the power. And once they have served their purpose they will be discarded.
Also, we should make the distinction between the parasites / exploiters (capitalists / shareholders, and people who get pieces of workers surplus value while doing no work themselves), and managers.
Managers, very similar to people like transportation workers, may not produce surplus value themselves, but are still absolutely vital to the production process. Technically they are paid out of the surplus value created by the direct producers, but production wouldn’t take place without them, and better management can mean more efficient production.
Management is surely an important function, but capitalism, especially in the last 50 years, has corrupted management in an effort to divide and conquer the working class. There are far too many terrible managers that live off the largesse of surplus value and who have the primary function of disrupting worker solidarity and not contributing anything net positive to production. I cannot wait for contemporary management to be replaced with a newer form of management after the revolution.
Yeah management is needed but nowadays at least 75% of them (90%+ of the higher wage ones) are total labour aristocrats who are paid off to exploit workers the max with no care for their interests or even immediate well being. At least where I live, in the imperial core, half the management positions could disappear tomorrow and things would be just as efficient. They don’t really do shit except act as unreasonable tyrants, often being power hungry nuts. Not as bad as cops or anything, but that element is definitely present.