The Mudcat Café TM
Thread #78051   Message #1399134
Posted By: Amos
04-Feb-05 - 01:23 PM
Thread Name: BS: Why liberals will win....
Subject: RE: BS: Why liberals will win....
Not by basic definition, no. Capitalism makes contracts between opoeple of reciprocal benefit. One of those benefits is the provision of working capital in exchange for interest.

Capitalism tends to get abusive (or seem to) when the ratio of straight labor's rewards to top management's rewards gets too low. People don't seem to mind 1:8 but if it gets to 1:40 people begin to think the boss is ripping you off.

1:8 -- the boss makes $160,000, but the warehouse forklift operator makes $20,000.

1:40 -- the warehouse forklift operator makes $20,000 and the boss makes $800,000.

Of course it varies with the scope of the business and the industry.

A