Risa

That's because the real Labor Day is May 1st. America changed it so it was less communist.

If they actually do any labor in those tasks, then yes. Labour doesn't necessarily mean the bottom level stuff. Management still takes work. Setting up new businesses takes work.

Investment and ownership intrinsically aren't really labor though. Just owning the company doesn't add anything of value to anyone, and investing is more like a trade agreement. Should be honored, but not necessarily treated the same. Because investment does help create, and the owners presumably have done work to get from nothing to something of value in the first place. Ideally, anyway. This isn't necessarily true in reality. Plenty of owners inherited, and why should they be entitled just for being born lucky?

I believe these percentages should be strictly monitored and regulated

By labor.

Worker coops for everyone!

Management is either labor, or entirely parasitic.

Management is certainly a kind of labour and even a valuable one. A good manager can ensure the efficient operation of a whole organization, and a bad one can waste the efforts of whole teams and sink entire departments. No one is arguing managers and executives shouldn’t be justly compensated for their labour.

The problem comes when the compensation becomes detached from the labour. When a business produces a surplus and instead of that surplus going to the workers who produced the surplus, it goes to the investors.

Often these investors perhaps put some money into the business many years or even generations earlier, and yet are still entitled to receive cheques every quarter despite not having any role to play in producing that quarter’s surplus. How is that just?

Management should be considered a part of labor in this regard. Intellectual labor is labor and a situation in which management is beholden to those they lead but seen as part of it is where I’d consider ideal. It could be a situation like union stewards where they’re elected from the rank and file or a situation where they seek out someone with the specific skills they’re looking for in the same way they might hire a maintenance worker.

I do think there’s room for a limited reward for entrepreneurial and investment costs, but the idea that they have control in perpetuity is where I have issues. I think a situation where they’re automatically bought out for a reasonable return on investment given the risk is fair enough. Though I worry it will perpetuate the issue of wealth begetting wealth

Now it's time to hunt some jerries in the battle of britain.