Re: Americans aren't so lazy after all
In article <bg6hl6$l4sl2$1@ID-105084.news.uni-berlin.de>,
kgowenNOSPAM@myfastmail.com says...
> Pat Winstanley wrote:
> > In article <bfv0la$j85nb$1@ID-105084.news.uni-berlin.de>,
> > kgowenNOSPAM@myfastmail.com says...
> >>>>> But in the US the greater productivity is going to make the
> >>>>> already rich even richer. Less of that earning actually goes
> >>>>> into the pockets of the earners.
> >>>>
> >>>> How so? The already rich are earners.
> >>>
> >>> They "earn" the wealth generated by others.
> >>
> >> Why the scare quotes? It seems to me that they earn wealth by forming
> >> corporation and providing jobs. You nice little scare quotes suggest
> >> that there is something wrong or illegitimate about this. You can't
> >> honestly be objecting to anyone ever having an employee, right?
> >>
> >
> > So... if you invest money in one or more companies and sit back idly,
> > living on the dividends you receive from your investement but do no
> > work... exactly what have *you* earned?
>
> A return on my investment. The investment could have succeeded or failed. I
> took a risk by engaging in the service of providing capital. Let the
> non-risk takers sit in their safe cubicles.
> What have I earned if I live on Social Security benefits?
>
> > And what *work* did you do to
> > earn those dividends?
>
> Who ever said that one needs to work in order to earn money?
So you haven't *earned* anything in the above scenario!
You have received a handout! ;-)))
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