Quote:
Originally Posted by SweetJane
How does the meager $75 an hour an auto worker makes compare with the paycheck of a CEO or a marketer or the president of a corporation? Marketing research, advertising and so on take a bigger chunk out of profits than paying workers.
It IS exploitational to tell the people who are producing the goods that are making the profit for the company that they aren't entitled to the money they create. There are plenty of places that money could be cut back in order to keep the cost of the product low- including the ammount of money that the owner takes home. But, then again, that would defeat the purpose of capitalism.
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I don't know how much you make a year, but $75 an hour is a very very good wage for a job that requires no education. Comparing the CEO with the unskilled worker is a silly comparison, one will probably at least have a masters degree from a prestigious university.
It is not exploitation because the workers don't make any profit. They merely provide a service which is paid with a wage. The owners provide the capital, the factory and take all the risk on. There are employee-owned companies as well so that doesn't necessarily defeat the purpose of capitalism.