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As a counterpoint: people don't create millions of dollars in value in a vacuum. Somebody (usually several somebodies) took the chance to create a support stru
by GFischer 10y ago
As a counterpoint: people don't create millions of dollars in value in a vacuum.
Somebody (usually several somebodies) took the chance to create a support structure to enable said person to create the millions of dollars in value.
How much of the value should go to the value creator and how much to the enabler with the capital (and the vision to use it in that way instead of spending it on something else) is a very interesting question that has been tackled for a long time, particularly from Marx onwards.
https://en.wikipedia.org/wiki/Labor_theory_of_value https://en.wikipedia.org/wiki/Labor_theory_of_value
- devishard 10y ago> Somebody (usually several somebodies) took the chance to create a support structure to enable said person to create the millions of dollars in value. A tech company contains a lot of structure, and very little of that is actually geared toward enabling anyone to create millions of dollars of value. A large portion of that structure exists to enable the management of a company to justify taking in large profits. It's should surprise no one that those creating the structure would create it in a way that benefits them. I know a few people who work at a tech cooperative, which has mostly developers with 1 secretary who manages benefits/taxes/etc. and 1 "business liaison" who manages customer communication. They've created millions of dollars of value without most of the structure, and it's no coincidence that they're all set to retire in their late 30s.
- GFischer 10y agoA tech cooperative is a kind of structure that should be more popular, I agree.