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The similarities are skin-deep. Managers are typically capital-owners; employees are not. Capital owners get to dictate societal priorities in a way that others

• rayiner 3y ago
  Capital ownership is one distinction, but it’s not the only salient one. Other distinctions include, for example, whether your job generally benefits from communications technology and globalization. The private equity banker and the professionals that help them outsource factories to China share many common interests, and benefit from many of the same economic trends. They may have some policy disagreements—but even those are often theoretical. How many professionals who favor universal healthcare are in the 45% of employed Americans who are “very satisfied” with their own health insurance? https://www.pacificresearch.org/americans-are-overwhelmingly-satisfied-with-their-health-coverage-finds-new-pri-national-survey https://www.pacificresearch.org/americans-are-overwhelmingly.... But fundamentally, they benefit from the highly financialized, globalized economy. Their human capital mostly insulates them from labor competition, and they reap the benefits of cheap foreign products and cheap services provided by non-unionized workers.