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That's ignoring other value extracted by the capitalist class, like "salaries" for capitalists that do no work (like CEOs), anything spent on the board of direc
by dontlaugh 3y ago
That's ignoring other value extracted by the capitalist class, like "salaries" for capitalists that do no work (like CEOs), anything spent on the board of directors, value extracted indirectly via the stock market, etc.
It's also for a very narrow portion of the global economy, where workers are paid particularly well.
- qwytw 3y ago> for capitalists that do no work (like CEOs) I mean... sure. They still pay taxes on their income. > value extracted indirectly via the stock market, etc. Like how? > It's also for a very narrow portion of the global economy, where workers are paid particularly well. You misunderstood me, I cited Google as an example of a company which is relatively close what you're saying (high margins, a relatively high proportion of value goes direct to share-holders). Most companies which have high numbers of workers are less profitable that it. Anyway this is pointless. Do you have any data?