Yep.
And that's why/how the economy doesn't end up working too well.
It's not how much money that a small group of individuals are making.
It's about how much money is being filtered and circulated throughout the economy.
And the lion share of that, is done by the quote unquote "common people".
That is the basis of the economy, and where there is much more money to be had.
That is precisely the notion that Henry Ford had when he said "There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible."
You can't sell goods and have an economy, if people are unable to spend on stuff.
And that's precisely what's been left out and forgotten in this equation, at the absolute expense of everyone and everything else.
Just think of how much these companies could make if people were able to spend freely on goods and services, in comparison to how much they pay them in wages. Factor in the non-monetary needs, such as resource conservation and ecological soundness.
And you've got yourself a working model for a new Capitalist economy.
Think about it.
Cause we're boned when/if you don't.
Think about it.
And that's why/how the economy doesn't end up working too well.
It's not how much money that a small group of individuals are making.
It's about how much money is being filtered and circulated throughout the economy.
And the lion share of that, is done by the quote unquote "common people".
That is the basis of the economy, and where there is much more money to be had.
That is precisely the notion that Henry Ford had when he said "There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible."
You can't sell goods and have an economy, if people are unable to spend on stuff.
And that's precisely what's been left out and forgotten in this equation, at the absolute expense of everyone and everything else.
Just think of how much these companies could make if people were able to spend freely on goods and services, in comparison to how much they pay them in wages. Factor in the non-monetary needs, such as resource conservation and ecological soundness.
And you've got yourself a working model for a new Capitalist economy.
Think about it.
Cause we're boned when/if you don't.
Think about it.
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