Do you think the rich capitalists deserve their money that they make by exploiting the working class?

Question

The people who work for them aren't paid based on their labour value, but less so they can make a profit.

No, they are paid less than their labour is worth.

Answer 1

If you don't like it, you can quit and start up your own business.

Answer 2

EXPLOITING?

You mean providing a living, don't you? Those rich capitalists have taken ALL the risks. They're the ones who took their own money, started their own businesses, worked 80 hours a week making a go of it. And finally when their efforts are paying off, they hire people who have taken no risks or invested none of their money, and give them a job, and usually benefits like Medical insurance, etc.

Yes, those rich capitalists deserve their money. Further more, they are doing a PUBLIC SERVICE by giving the working class people jobs and a way to feed their families and making a living.

Answer 3

Some do, some don't. That depends on how they conduct their busiess.

The notion that "workers are exploited" isn't necessarily true. For the most part, the large firms are able to create production systems that enable workers to produce more--and earn more--than they could ever do on their own.

That's the flaw that makes the "labor theory of value" nonsense. For example, take the auto assemply line. Prior to its development, craft workers produced cares that were good quality--but cost too much mor any but the wel-to-do to afford. The possibility of inexpensive cars--and higher earnings for the worekrs, who were then able to afford the cars--depended on and was caused NOT by the workers, but by the rich capitalists (specifically Henry Ford, in this example). The worker's labor had nothing to do with the increase in productivity or reduced cost.

That being said, the above DOES NOT mean business does not ever unfairly exploit labor, through dictatorial policies, dishonesty, unfair labor practices, unsafe working conditions, etc. there's plenty of examples. but there are also employers who treat their workers with respect and fairness.

ONe of the chief problems in the United States today is the weakness of labor unions. These much maligned organizations are a vital counter to the power of employers. The usual neoclassical arguement that "unions are impediments togrowth" isn't supported by history or empirical studies. The arguement that "unions are no longer necessary" does not stand up either. If an employer is honest--and many are--that might be true--and the union becomes a working partner in coordinating production to everyone's benefit. But wnenemployers are NOT honest or fair, unions are the vital counter frce that can challenge such unethical employers.

As to the claim that "employers have the right to do what they please and unions are nothing but attempts to extort benefits'--that "arguement doesn't even desrve the dignity of an answer, but here it is: empoyers (management) can work together to achieve their ends when dealing with the workers. The workers have every right to do the same--and anyone who tries to claimotherwise is simply claiming that they prefer dictatorship to freedom.

But--to bring this full circle--the "labor theory of value" 9which originated with Adam Smith, ot Karl Marx) simply does not work. It does nottake into account the added productivity and wages made possible by the capital plant provided by the capitalist. It will work--in the sense of accurately describing the relations of production--only in the context of a pre-industrial economy where production depends only on human labor and skill, and not on the powr of technology and organizatin to multiply the productive capacity of the individual many tiems beyond what the workers unaided effort can achieve. In the industrial/technology economy, the capitalist provides the means for that increased wealth--and has indeed earned his/her profit by doing so--as long as he/she treats the workers with respect and fairness, this is not "exploitation."

Answer 4

of direction conservatives elect to maintain their money. does no longer you sense that paying 28-40% of your examine in taxes is adequate? The progressive taxes are not honest, and that i in basic terms make 20K/3 hundred and sixty 5 days. i'm no longer complaining, yet I have been given greater in my tax return than I put in. somebody had to pay greater for me to get that. How a pair of flat tax for all and in basic terms some tax credit for decrease earnings human beings? The conflict on poverty is a pathetic comic tale. The gadget is so lush in NYS, that the loose advantages are greater valuable than those you will pay for, women persons come out little ones without particular daddy so the monthy tests pass up, and the government advertizes for greater social software applicants. They like to behave as a results of fact the hero while they supply away different persons's money. they have lifetime healthcare, certain pensions, and could be re-elected by employing the fool hundreds, so who cares good? No ask your self there is classification war. The democrats do no longer care approximately you even while they act like it, the destructive will vote for them. They feed on lack of understanding. The republicans do no longer care the two, yet a minimum of they do no longer elect to be sure the economic gadget tank. the two events suck. Its time to make a third occasion mainstream and get administration of our united states back. Its all approximately ability and massive government. It sickens me. Open your eyes. The AIG bonuses have been a pair of million/tenth of a million% of money granted and the treasury secretary knew approximately them before, so what replaced into the fuss? To further classification war, and to conceal making plans of the G20 assembly it relatively is arising. it is going to likely be the recent international order in the event that they have their way in spite of the undeniable fact that it should not be stated as that. the top 10% of salary earners pay 50% of entire taxes (or something like that). Then there is the guy who collects money from all social classes and acts like by some ability its the wealthy adult adult males fault that they are in that seize 22 challenge. it relatively is hopeless, yet i attempt to proceed to be beneficial that it will no longer be civil conflict. Our united states is youthful, so it relatively is in all probability to be unrecognizable as all of us be responsive to it if we don't do something quickly. Please!!

Answer 5

I want to know what one man can possibly do to justify making fifty or a hundred million a year? Don't tell me about the size of the corporation he heads or its value, don't tell me about shareholders, the only ones making real money are the ones who will be dumping the stock and the average shareholder Mr. and Mrs. America will be left holding an empty bag, see Enron, or World-Com or any other number of companies who have defrauded the shareholders. The elite of this country are doing a fine job, we are as divided as a country as I have ever seen, and the very wealthy are getting more wealthy as our costs rise nowhere in line with wages. I'm pretty sure average joe is fuming every time he gets gas, buys food or clothes, goes to the doctor and watches our congress-people pass laws that favor more consolidation, more outsourcing. People do have it right, business is in business to make money. The problem, most business practices by huge multinational corporations are driving wages down. How does the average worker in a democracy ever hope to compete with someone being paid a dollar an hour in another country? I consider that kind of business practice not only unethical, but immoral.

Answer 6

A rather loaded and pre-answered question... don't ya think? But just to throw a few kinks in your reasoning... how about Rock Stars, Movie Stars, TV personalities, Authors of popular books, Sports Stars et al... do you think *any* of them is paid on their "labour value"? Do you think that a Dr. should be paid the same as a short order cook at a fish and chips? ... a pre-school teacher the same as a rocket scientist? Your question is a trite piece of communist type propaganda and way over-simplistic.
To answer your question.... yes... have you ever seen a poor "capitalist" employ *anyone" at *any* wage?

Answer 7

No, I do not. I'm assuming that you are not speaking about all 'rich capitalists', but are referring to the subset that exploits their workers... using government (taxpayer-funded) public assistance programs to subsidize and underwrite their profit margins. One of the most flagrant examples is "Wally World".
-- WAL-MART Costs Taxpayers $1,557,000,000 to Support its Employees...
Wal-mart keeps it's wage cost so low and benefits cost so high that state-funded (taxpayer $s) assistance programs end up footing the bill. This "principled" corporation does provide information to employees about public assistance programs in their local areas. Watch the documentary, "Wal-mart: The High Cost of Low Price", this link cites stats and sources:
http://www.walmartmovie.com/facts.php
According to Center for Responsive Politics, Wal-Mart corporate political contributions: $467K, 97% to Republicans.

Although not tied to worker's wages, one of the vilest forms of exploitation is "Vulture Funds". These funds prey on the poorest of Third World nations by buying their debt cheap, then suing for 10+ times the amount. The result is that future (taxpayer-funded) aid, instead of going towards the needs of the impoverished, goes straight into the pockets of the ones who bought up the loans... thus the term "vulture fund".
-- “Vulture Fund” Articles:
http://www.democracynow.org/article.pl?sid=07/02/15/1528209
http://www.gregpalast.com/vulture-fund-threat-to-third-world/

Paul Singer, a billionaire who's made all his money from 'vulture funds', is a very big donor to the Republican Party and to Bush's campaign. Singer has pledged to raise $15 million for Giuliani. Bush did nothing at the G8 Summit to stop vulture funds. Want to bet that Giuliani would turn a deaf ear as well?
-- Paul Singer's political contributions:
http://www.newsmeat.com/fec/bystate_detail.php?st=&zip=10024&last=SINGER&first=PAUL
-- The Giuliani Papers - Rudy's Money:
http://thegiulianipapers.typepad.com/the_giuliani_papers/rudys_money/index.html

Answer 8

I admire the person who makes money honestly, even if he/she makes a great deal of it. If laws are such that corporations are allowed to exploit workers, then this is what will naturally happen, just as surely as an untended garden will naturally go to weeds. This is what a a corporation DOES; it maximizes profit. A CEO who failed to maximize profit, who paid workers more than he/she needed to just out of a sense of social justice, could be fired or even sued by angry stockholders. Don't put all the blame on the "rich capitalists" -- a good deal of the blame goes on each and every member of the working class who fails to be engaged and involved in forming public policy that prevents exploitation of workers like themselves.

Answer 9

Yep

Answer 10

Which rich people? the ones like Steve Jobs and Bill Gates who got rich and made many other rich or at least well off as well? Or the ones like the hollywood stars who open up clothing shops in SE Asia and use child labor for a work force so they can make a greater profit? You have to differentiate, I do believe we could all give a little more of ourselves to helping the less fortunate however. Or we could continue to ignore the problem and they will all kill us eventually. Workers of the world... make ready...

Answer 11

Nope - its funny though how the average American fails to understand (or even accept) that his or her work creates the wealth these people have.