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replied 2234d
In Capitalism capitalist continually keeps getting rewards which is no longer for work he's done before, its just because he owns the business. He does less work but get rewards anyway
replied 2234d
The capitalist deserves to work less after all the effort and investment out in to start the company. They worked harder than an employer is allowed to demand of their employees.
replied 2234d
Why should they keep getting rewards when they no longer do any work or do very little of it compared to amount of work done by others? That is not PoW system then, is it?
replied 2233d
Organising the company, being responsible for it all. Having been the initial investor. That is more important than being a worker.
replied 2233d
They own the company. They put in the initial work that got everything going. They hired the workers, and delegated the work. Producing the product is only one type of work.
replied 2234d
If they are successful enough to allow the owner to pay others to have work delegated to them, that is a good thing. Often the capitalist is able to move onto bigger matters to expand.
replied 2234d
Capitalist could get some rewards even if they do no work because they "run the business" but this should be limited in amount & capitalist should not be taking all of the profits.
replied 2233d
When the owner doesnt work, the company often fails, or is sold. The profit is a tiny portion quite often. If the owner make 500 times more than you, but employs 50000 people...
replied 2233d
As I said, you and many others are completely ignorant to these facts.
replied 2233d
And why should the owner get rewards which is actually way more than 500x then workers when all of thecpro ffits is created by the wotkers and not the owmer? Thats called EXPLOITATION
replied 2233d
It isn't all created by the workers alone. The owner may not often be in the factory making the product, they are contributing to the profit. You dont know their role so you dismiss it
replied 2233d
Not true at all, thos os what CEOs, directors, managers do, capitalist of big businesses dont do jack shit, they only demand more profitability.
replied 2233d
Not all companies even have that type of setup. Not all companies are on WallStreet. So are you speaking of small to mid level companies differently than multinationals?
replied 2233d
I am talking about SYSTEM that allows all this. Some capitalists are shit some not so shit, some are even good people but system itself doesn't care what capitalist person is like.
replied 2233d
Ah, you almost got back to reality. Some people are good, and some bad. The capitalist system helps make sure the bad ones still contribute to society.
replied 2232d
No you moron, Capitalist system rewards the most those who are the worst people in society! You are such an idiot.
replied 2232d
Who are you to judge who is deserving? The system of capitalism helps the whole of society to improve though. That is an undeniable fact with the support of all the evidence.
replied 2233d
This is why you dont know how to figure out what capitalist system actually is and why its shit system.
replied 2233d
Define who you are talking about when you use the word capitalist. Are you only speaking of investors? Majority share holders? The board? Middle management? This is far to vague.
replied 2233d
The capitalists that "do no work" are mostly a myth, or the owners of old established companies, and the owner themself is old, or one who has inherited the company.
replied 2234d
Workers who are picking up all of work once business is already established (& capitalist already got his RoE and covered all his costs) should be profiting from their own work also.
replied 2233d
The capitalist is often still working. You dont seem to understand that producing the product only matters if the owners have someone wanting to buy that product.
replied 2234d
Workers should also be included in all decision making so that capitalist can't just move the business to China etc, leaving lives of the workers in shatters & without income any more.
replied 2233d
That is a horrible way to see it all. First most workers fear making decisions. They want a central figurehead to turn to, and to place blame on. One decision maker works best.