The Sage of Main Street
Gold Member
Private Enterprise Is Collectivist. The Employees Produce the Revenue and the Owners Collect It All From Them.Is it possible stockholders are parasites compared to workers?
What's your assessment of this redistribution of income?
The Divine Right of Capital by Marjorie Kelly
"Nowhere is this more clear than in our financial statements. Here’s the basic formula you’ll find on financial statements:
"Capital Income + Retained earnings = Revenue – (Employee income + Cost of materials)
"Kelly uses some simple algebra to show that this formula could just as easily be re-written as:
Employee income + Retained earnings = Revenue – (Capital income + Cost of materials)"