this post was submitted on 27 Feb 2024
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Do you really feel that every business exploits people?
By definition, they have to if they're making profits and not sharing those profits with the workers. So unless it's a co-op, yeah every business exploits people. The workers create the surplus value with their labor and the business owner gets to decide what to do with it, dictatorially.
Does the owner not deserve compensation for the risk, time, and energy he takes in starting the business, and organizing and supporting the team?
No. Whatever "feats" the owner is pulling, they are never enough to justify them getting 99% of the profits while the workers get the crumbs.
Bezos does not work a billion times harder than his average employee.
Projecting bezos onto all business owners is a bit of a bad faith argument, no?
Consider small businesses. Dry cleaners, home cleaning services, restaurants. Their owners usually work every day, and get paid no salary at all, or at most, a very small salary. Any payment/ retirement they get is when they hopefully, eventually make it big or sell the business.