The entire premise behind the lefts cries about inequality regarding the pay gap between the owner, and the worker is false.
The idea that the worker has a right to a percentage of the net profits of their employer is mindboggling.
Did the workers:
- Abandon a steady paycheck to start a company?
- Sacrifice personal capital and put their skin in the game?
- Donate personal time and health to making sure the company succeeds?
When a business is breaking even, and the boss is working 80 hours a week and living in the back room in his office trying to make the company successful, are the employees willing to take a pay cut below minimum wage?
When a business owner fails, will his employees that are not out of a job, pay him/her unemployment?
A person’s labor is determined by their skill level; it’s based on supply and demand. If you are doing a menial task that anyone can do, but you are working for a business that someone created a model that profits large sums of money, your labor is still worth the same as if you were working for a company that is breaking even.
It defies logic that a janitor working for a start-up company should be paid minimum wage and the janitor for Amazon should be making $75 an hour to do the same job.
Just because someone can pay someone a higher salary, does not conclude they are obligated to, nor does it somehow mean that the workers should be entitled to it.
The profitability of a company, or the lack thereof, has no rational economic correlation to what workers should make unless the workers own the business.
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