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The sacred precept of Captalism ...

... is that investment is everything and that employees -- or to use the old, original term, "servants of the company" -- are of no account.

Yes, it was Marx who said that the investor pays an worker the minimum he or she is willing to work for, and expropriates the "surplus value" of the workers effort. For my part I believe that the true entrepreneur, the risk taker, has an extremely valuable role to play, but the powerful financial interests that control the economy today are a long way from true risk-taking entrepreneurs. Rather they do everthing they can to minimize risk to themselves, and through their exercise of power, they do it by screwing over workers and communities.

Bill Bailey
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  • The sacred precept of Captalism ... - Feanor 14:07:28 04/28/07 (0)


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