The Sage of Main Street
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Capitalism Is Communism for the Rich
I'm in favor of lower profits. The owners are like a car key, necessary to drive but not worth very much. The employees make the business run and create all the owners' wealth. All that is really owned is an empty workplace that is actually a liability until the workers show up. Capitalists should be called grassgrowers, using the example of team owners whose real property by itself would only produce the revenue from spectators who wanted to watch the grass grow.
I'm confused, are you arguing in favor of low wages?
I'm in favor of lower profits. The owners are like a car key, necessary to drive but not worth very much. The employees make the business run and create all the owners' wealth. All that is really owned is an empty workplace that is actually a liability until the workers show up. Capitalists should be called grassgrowers, using the example of team owners whose real property by itself would only produce the revenue from spectators who wanted to watch the grass grow.
