4 ms·
Your problem is you are labouring (if you pardon the pun) under the assumption that wages are set by a function of the value created. This is not how pricing wo
by branchless 10y ago
Your problem is you are labouring (if you pardon the pun) under the assumption that wages are set by a function of the value created. This is not how pricing works.
Western economies largely operate by attempting to establish monopolies and by not passing on value created by employees. This is essentially the foundation of profits, otherwise they would be cooperatives.
If you want to get into the true middle class (who should not have to work as they do not need the money, not the faux middle class we have now who have a reasonable car and a holiday for 2 weeks), you need to stop creating wealth and capture wealth creation by:
1. land monopoly to capture wages (like money moustache man who as 3 properties and write blogs about grain being cheap)
2. run a business that does not pass on as much as possible of the value your employees create, ideally by choosing an industry without organised labour
This is not to dismiss all companies as terrible capitalists, of course!