this post was submitted on 05 Nov 2023
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Leftism

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[–] unfreeradical 7 points 1 year ago (1 children)

The value of products realized at the point of sale, minus the costs of (non-labor) inputs and operating expenses, is the value generated by the labor of workers in a business.

If a business is privately owned for the profit of its owners, then the profit is a share of the value generated by the workers, but claimed by owners, who contribute no labor toward generating the value.

[–] [email protected] -2 points 1 year ago (1 children)

Suppose there is a a construction company that wins a million dollar contract to build parking lots. How should the owner compensate workers? What about subcontractors and suppliers?

[–] unfreeradical 5 points 1 year ago (1 children)

I am not offering anyone business advice.