This is interesting but I'm extremely skeptical. If all workers are paid more than the value they produce, why do business hire anyone? And if all business in the core are inherently unprofitable, what is the mechanism that keeps them afloat?
- Posts
- 1
- Comments
- 343
- Joined
- 5 yr. ago
- Posts
- 1
- Comments
- 343
- Joined
- 5 yr. ago
This could make some sense in aggregate, but doesn't make any sense on a micro level. How does, say, a fast food franchise receive the super-profits? And why is the restaurant hiring people that lose them money? If it's motivated by a need for sales, and the sales are "worth it" economically, meaning enough to cover labor and other costs plus profit, isn't that just describing surplus value?