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replied 2248d
The workers sell their time/labour to the employer. They agree to that value. The employer then sells the product to customers, and they agree on a value.
replied 2248d
If worker is paid the same for same hourly wage & produces more, then either product should be MUCH CHEAPER as it costs way less to make it, or worker should get profits also, but no..
replied 2247d
Yes, the product is cheaper, which allows for the company to make money. This means the company can invest in expanding that company. It is never just piled up for the owner.
replied 2246d
They "can" and "could" but they don't always do that. This is a fact. You & others always assume capitalist will reinvest this capital to make bigger and better things, well they don't
replied 2246d
They always do invest the money. If they dont invest what they have then they lose money to inflation. It may not be invested in the company, but could be in general stocks.
replied 2246d
How exactly do you think some people get to have billions in their short lifespan? Work on their own and earning it from their own work? Come one mate, this is children's fairy tale.
replied 2246d
They earn it. Being worth billions doesnt mean having it in the bank account. That is the value of heir assets and investments. This is why their value can swing so wildly.
replied 2246d
They don't earn it, to earn something means you have to have done all the work yourself, if you've done 1/2 of the work & someone else other 1/2, other person should earn from it also.
replied 2246d
Work is only one issue. What about the initial investment? You dont think the owner should be compensated for what they did? Then no companies will come, and no one will have work.
replied 2246d
Capitalism doesn't work this way at all. It is one sided, it is centralised decision making and have extremely unfair rewards distribution (and few other negative things).
replied 2246d
The reward distribution fairness is not that some. The owner deserves more. Equal distribution is a bad idea. It goes against nature.
replied 2248d
The Capitalist gets more profits even though the amount of work he did is less, not more. You are completely ignorant, you know that, right?
replied 2247d
Many capitalists work harder than you realise. It doesnt have to be physical labour to be work.
replied 2247d
You have this strange idea that the amount of work done is all that matters. You also have this strange idea that people running companies ies dont work. You are disconnected.