- Capitalism and Alternatives -

Let's further confuse the issue please

Posted by: Gee ( si ) on November 17, 1999 at 10:14:02:

In Reply to: Let's avoid further confusing the issue please posted by Samuel Day Fassbinder on November 16, 1999 at 16:13:07:

: SDF: Let's skip the discussion of MANAGEMENT, a matter to be distinguished from OWNERSHIP, and cut to the chase: rich people may work at hobbies, they can even be important hobbies such as managing their businesses instead of paying managers to do that work, but it's not really a primary means of income.

Aside from the implicit belittlement of whatever they are doing as being mere 'hobbies' I follow your point until...

:We might as well make the "nosepicking rich" into an economic category, and claim that when they work those boogers in their noses, they are performing productive labor!

That would be demonstrably untrue whereas a billionaire who makes tables for $20 or manages an emormous enterprise is demonstrably productive so we might as well not make that particular comparison.

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