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Old 2012-05-13, 02:50 AM   [Ignore Me] #8
Neurotoxin
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Re: France Rejects Sarkozy and Austerity


Originally Posted by Figment View Post
The corporations didn't extract money from the workers, they made profit off their labour, which is the point of a business.
Reducing workers to a factor in the cost of doing business is what you are talking about. If workers can be paid less, given less benefits, and worked harder, in search of ever-increasing profits, corporations will do it. Wal-Mart is a gleaming example of wage exploitation, they have programs to set their workers up on food stamps because its cheaper than paying them more. Most of the profit and excess that a company earns doesn't go to the labor, but the owners of the means of production, and the investor / shareholders (who are often the owners too).

Someone who can better explain all this is Prof. Richard Wolff. Just start watching his videos, listening to his lectures. You'll get the whole picture explained much better by someone who is a specialist in the subject of economics.

Last edited by Neurotoxin; 2012-05-13 at 02:51 AM.
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