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A common mindset that I find on these forums is that the business owners and executives aren't all all that important and that the emphasis should be focused on rank and file laborers and "workers". Well if capital, business administration, and management are so expendable and workers are just doing everyone some kind of big favor, why don't these workers do all the work? Why don't the the rank and file employees of WAL-MART spend some time in the corporate headquarters? Why don't the factory workers of NIKE run their own company?
The simple and short answer is obviously that a mob of unskilled laborers can't do all that work. In addition to capital, it takes people with knowledge and a particular skill set as well as above average intelligence and ambition to build and run a successful commercial enterprise. The people who own and run companies don't control the market value of labor, nor does the government or the laborer. The market value of labor is determined by supply and demand. We have a huge supply of unskilled laborers and a low demand for manual labor, so naturally there is going to be a huge disparity in the value of skilled vs. unskilled labor. Unskilled laborers are more dependent upon business owners for jobs than business owners are for employees, seeing as the market is so saturated with unskilled labor. Without evil business owners. the "workers" would have no jobs.
So how is it that we can justify artificial inflation of unskilled labor, while the people who build and run companies are expected to continue to build and run companies for less and less of a profit?
Mostly because it takes lots of capital to do so but believe it or not there are a TON of employee owned companies and co-ops out there.
Check out Mondragon Corporation the largest industrial company in Spain and one of the largest industrial manufacturers in Europe which is a co-op and entirely employee owned.
In any event no one has claimed there is no need for leadership just that CEOs in America end up getting way more than CEOs in every other advanced country even when they do worse. They end up being in charge of their own pay package or install cronies on the board and they all vote each other massive payouts. My personal cure is more shareholder control over things like executive pay and compensation.
In short, my friend, your thread title is a strawman argument and you failed to knock down your own strawman. You're making up fictitious claims then trying to attribute them to your opposition which shows you now your own argument is weak and that you haven't the slightest clue what other people are actually saying.
A common mindset that I find on these forums is that the business owners and executives aren't all all that important and that the emphasis should be focused on rank and file laborers and "workers". Well if capital, business administration, and management are so expendable and workers are just doing everyone some kind of big favor, why don't these workers do all the work? Why don't the the rank and file employees of WAL-MART spend some time in the corporate headquarters? Why don't the factory workers of NIKE run their own company?
The simple and short answer is obviously that a mob of unskilled laborers can't do all that work. In addition to capital, it takes people with knowledge and a particular skill set as well as above average intelligence and ambition to build and run a successful commercial enterprise. The people who own and run companies don't control the market value of labor, nor does the government or the laborer. The market value of labor is determined by supply and demand. We have a huge supply of unskilled laborers and a low demand for manual labor, so naturally there is going to be a huge disparity in the value of skilled vs. unskilled labor. Unskilled laborers are more dependent upon business owners for jobs than business owners are for employees, seeing as the market is so saturated with unskilled labor. Without evil business owners. the "workers" would have no jobs.
So how is it that we can justify artificial inflation of unskilled labor, while the people who build and run companies are expected to continue to build and run companies for less and less of a profit?
I've already considered that idea some years ago, and my research found that SEC regs make it very difficult for workers to pool small individual amounts to start a business.
I've already considered that idea some years ago, and my research found that SEC regs make it very difficult for workers to pool small individual amounts to start a business.
But according to the left starting and running a business is easy. Very difficult because of some regulation is a lame excuse. Businesses comply with regulations all the time but Obama and the EPA are pushing even more regulations.
Mostly because it takes lots of capital to do so but believe it or not there are a TON of employee owned companies and co-ops out there.
Check out Mondragon Corporation the largest industrial company in Spain and one of the largest industrial manufacturers in Europe which is a co-op and entirely employee owned.
In any event no one has claimed there is no need for leadership just that CEOs in America end up getting way more than CEOs in every other advanced country even when they do worse. They end up being in charge of their own pay package or install cronies on the board and they all vote each other massive payouts. My personal cure is more shareholder control over things like executive pay and compensation.
In short, my friend, your thread title is a strawman argument and you failed to knock down your own strawman. You're making up fictitious claims then trying to attribute them to your opposition which shows you now your own argument is weak and that you haven't the slightest clue what other people are actually saying.
Do you mean like the 47% who voted for Obama to get a better pay package?
And why do you compare the US to other countries. We are the United States of America. Would you rather be like China?
Attack the bourgeois oppressors! Agitate the proles! Workers of the world UNITE!
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