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> No they didn't. They were getting paid already for the value they provided to the company. That's not how capitalism works. If you pay the workers exactly wh
by mullingitover 14y ago
> No they didn't. They were getting paid already for the value they provided to the company.
That's not how capitalism works. If you pay the workers exactly what they're worth, you don't make any profit. You must pay workers less than the value they deliver if you intend to make a profit.
- cardine 14y agoIf the employer is doing his job, the whole is greater than the sum of its parts.
- mullingitover 14y agoIn a philosophical sense, sure. But the revenue is exactly the sum of its parts.
- cardine 14y agoYou missed my point. The owner of the company is adding a value-add of his own and that is where the profit comes from. Any halfway competent executive or manager will get more out of his employees than those employees would have done on their own.