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It would help here if you clarified what you mean by "legitimate"; do you mean morally? The workers are responsible for creating almost all the value, since th
by ahelwer 8y ago
It would help here if you clarified what you mean by "legitimate"; do you mean morally?
The workers are responsible for creating almost all the value, since they do the work. Any money not going to the workers ought to be justified, rather than the negation. So to turn the question around: why are management & shareholders entitled to such a large share of what the workers produce? The answer is because management & shareholders are more powerful than any single worker, and this is abused to take more than their share. No moral justification is given or even considered. To unionize is to relatively equalize this power relation.
- soheil 8y ago> It would help here if you clarified what you mean by "legitimate"; do you mean morally? I mean is it rational. > The workers are responsible for creating almost all the value, since they do the work. Completely disagree. I believe most of the value of a company is created by the vision of its founding team and the execution of its leadership not the numerous workers along the hierarchy. I also think the 80-20 rule maybe a good way to identify how much value creation should be attributed to a group of workers ie on average most likely 80% of the value is created by 20% of workers.
- ahelwer 8y agoWhat you mean by "execution of its leadership" is... telling other people to do the actual work. There's a term for startups where leaders mill around but no actual work is done, it's called playing house: http://www.paulgraham.com/before.html http://www.paulgraham.com/before.html