You don't know what my theory is, as far as how a business SHOULD be organized. All I'm presenting here is an observation about the way it IS organized. The ownership of the products does not go to those who do the work. That is a fact.
Not exactly. The implication of that last sentence is that we have uneducated workers competing with educated ones. But we don't; we have uneducated workers competing with even less-educated ones. The reason they can't compete isn't a lack of education but an inability to work for what would be starvation wages in the U.S.
But the point, which you seem to have missed, is that collectively employers DO have some control over wages and some ability to push them down. A lot of that comes from the ability to manipulate the government.
The government does. And business pulls the government's puppet-strings.
Owners make the decision on what best fits their needs, wants, desires and whatever and that is what SHOULD happen all the time.
How can you make a blanket statement on how a business "should be organized" when you do not have a clue what that business does, hires or desires?
The minimum wage does more harm to lower wages than anything. Some folks are willing to work for LESS than the minimum wage and some folks ARE NOT WORTH the minimum wage.
There are plenty of skilled labor jobs available NOW: HVAC, plumbing, oil drilling equilment maintenance, natural gas exploration jobs, engineering jobs of all kinds, medical testing and maintenance jobs, tool and die, auto mechanics, small engine repair, computer repair.
Tens of millions of jobs.
And NO ONE that is unemployed wants to re-train to get them.