A job is merely an arrangement people enter into where one person works and another person claims ownership of all they produce. It’s not the CREATION of the job that produces wealth, it’s the PERFORMING of the job that produces wealth. The working class is the only thing that produces real wealth. Always has always will. Without the working class, the capitalist class has nobody to produce anything for them. Without the capitalist class, the working class has nobody to take the fruits of their labor. The capitalists owe us everything. Everything they have they have because of us. We don’t owe them anything.
Rich people don’t create anything. They just collect resources and reinvest them in the hopes of getting more and more and more. That doesn’t help society at all. They’re not producers, they’re parasites.
The only thing that produces jobs is demand. Demand cannot exist without wages. So in a sense jobs create more jobs. Rich people have no reason to create jobs if nobody has any money to spend.
Actually that was my secondary point. My main point is that everything that has value has value because someone put labor into it. The capitalist who started up his own business got started with his own labor and got to a point where he could just pay for other people’s labor. But you always need labor. The need for labor is greater than the need for management. In fact the private entrepreneur is living proof that management structure is not needed for humans to thrive. He got himself started without it. I find it surprising that these people so readily defend private enterprise but so dogmatically oppose democratic organization like government.
October 25th, 2009 at 9:24 pm
Everyone is missing your essential point - if the general public (meaning everyone but the rich) doesn’t have the money to buy goods then production of most goods is pointless. By shear numbers alone, the masses are more essential to the economy. In other words, the general public is the engine for the economy.
October 25th, 2009 at 9:24 pm
I agree with YOU 100%
October 25th, 2009 at 9:24 pm
Im broke and need some work done, why don’t you come do it for me?
October 25th, 2009 at 9:24 pm
"It’s not the CREATION of the job that produces wealth, it’s the PERFORMING of the job that produces wealth. The working class is the only thing that produces real wealth."
You are undeniably correct there.
"Rich people don’t create anything. They just collect resources and reinvest them in the hopes of getting more and more and more. That doesn’t help society at all. They’re not producers, they’re parasites."
Not exactly. They are examples. They are bait. Their power and money is dangled in front of those worker bees to keep them competitive and productive. The ones who don’t like it quit, and those who remain see no reason to change this structure.
October 25th, 2009 at 9:24 pm
I’ve never been hired for a job by a poor person.
October 25th, 2009 at 9:24 pm
Classic example of "Cart before the Horse" mentality. If someone didn’t have the resources to invest in something that fills a demand, there wouldn’t be any jobs.
October 25th, 2009 at 9:24 pm
I’ve never worked for a poor person.
And I’ve known far too many rich people who work 16 hour days, have no lives, and re-invest in their companies to agree with you that they produce nothing.
October 25th, 2009 at 9:24 pm
My blue collar husband works for Gulfstream Aerospace…..if it weren’t for rich people and evil corporations buying (and maintaining) private jets, then there would be 5000 fewer jobs in our area…..
October 25th, 2009 at 9:24 pm
*raises hand* ME! It’s not the rich who make jobs, it’s the local businesses. They’re the ones who make jobs, and they’re the ones who give a damn about their employees.
October 25th, 2009 at 9:24 pm
Uh…. Poor people don’t have the capital to start the mega company that hires many Americans. The Rich do. Like the show shark tank. Where rich investors help out small business owners. Money is required to start a big business. Good looks don’t work.
Learn how money works. Then come back to me.
You should read "Wealth of the Nations" by Adam Smith. What you’re saying is basically the philosophy of the socialist Carl Marx.
Capitalism is private ownership of production/labor.
Socialism is equal wealth redistribution.
Communism is a classless society.
Capitalism doesn’t encourage peoples wealth to be redistributed, what you earn is what you keep, what you keep is never shared. Everyone that owns capital like a house or car. Doesn’t share those things. I feel like this is an on going battle between money envy, and accomplishment.
October 25th, 2009 at 9:24 pm
Well put.
Further, I think people get confused with rich, and filthy rich.
I am fine working for someone who owns his has worked his whole life to build a business, and then needs to hire people to help him. In this scenario, the employer might 3, 4, 5, or even up to 10 times the amount of his workers. This I see as rich.
Filthy Rich, are the exec’s at many of these huge business’s, coporations, banks, etc…that stamp out exactly that type of business, pay their executives hundreds and thousands of times more than the people who actually do the work… enlist low wage earners and send jobs overseas where they can get around minimum wage, and child labor laws… Well, what are they actually providing… other than lower wage jobs, and excessive wealth for themselves, to get the same type of products/services to us?
October 25th, 2009 at 9:24 pm
Go ask some bum in the street for a job and see where that gets you
Tired of it or not the wealthy people of this nation are the people that provide the most jobs
October 25th, 2009 at 9:24 pm
Now we’re searching for hypocrisy in a slogan, a saying? Duh… How many jobs have the poor created besides social service ones? Zip. Eventually, you will realize that when you punish the rich, only the poor really suffer. Ever hear the expression of a certain item rolling downhill?
October 25th, 2009 at 9:24 pm
The rich have power and the poor man is deprived of it. And so they grow richer and richer, and the more they think of making a fortune the less they think of virtue; for when riches and virtue are placed together in the scales of the balance, the one always rises as the other falls.
October 25th, 2009 at 9:24 pm
Utter, witless hogwash.
Gee, Pinky–who starts all those factories, huh?
Gee, Pinky–who gets that venture capital to start new businesses, huh?
Gee, Pinky–who hires all those working class people, huh?
Gee, Pinky–who sees the opportunity to fill the demand, huh?
Huh?
Huh?
October 25th, 2009 at 9:24 pm
I have never worked for a rich person. I have worked for multi-national publicly traded corporations.
October 25th, 2009 at 9:24 pm
What good is me doing a job until I can get someone to pay me for it? Funding is the first step in the whole process. You can’t create a business without the funds to do so. You can’t pay workers without funding, no matter how willing they are to work.
Of course before anything else, there needs to be a need for goods or services. That’s when someone takes the initiative to fill that need. But still, funding is needed to invest in that idea before it can be brought to reality. Thanks to Capitalism, only the best survive to exist long term. Well.. that is until government gets involved. Then it becomes a case of whoever has the most political connections will survive.. such as Goldman Sachs and their endless Obama Administration connections. How interesting that they were provided a bailout while their competition were denied and effectively forced out of business. No conflict of interest there at all..
October 25th, 2009 at 9:24 pm
Not me. It’s an irrefutable fact. I love the picture you attempt to paint. A group of people enter where one person works and one man claims ownership ? What ?? This isn’t a business partnership involving the workers . If a business fails, what money do the workers have at risk ? Nothing ! When the workers in that business have money invested and are taking the risk then they have a say, otherwise they have nothing. What the heck are you talking about pal ? A businessman doesn’t " claim ownership " he is the owner. Are you having trouble with that reality ? God bless.
October 25th, 2009 at 9:24 pm
Let’s take your thought to the basest possible set of needs.
You have a wealthy person who owns all the land.
You have poor people who don’t own the land.
People need to eat. So. You have the poor people who are willing to do the work for the food, and you have the wealthy person who is willing to offer up the land so that crops can be produced.
No land, no crops. No workers, no crops. It’s a dependent society structure. Of course, the wealthy person could just plant a few crops for his own purpose and survive. But the poor people have no other resource.
October 25th, 2009 at 9:24 pm
It sounds like you need to learn some basic economics son.
Maybe you can explain exactly wehre these jobs are supposed to come from without people willing to provide capital?
Or are you using the term ‘capitalist’ without any understanding of what ‘capital’ is?
October 25th, 2009 at 9:24 pm
Tired but they will continue…
October 25th, 2009 at 9:24 pm
well said.
a capitalist society depends on class differences–some people must remain poor in order for the system to actually function
October 25th, 2009 at 9:24 pm
The workers who perform a job (which yes is what really creates the wealth) wouldn’t have the opportunity to get together and perform a job unless someone (usually the 1 with the $$) opens the business up and hires them.
The reason the executive fat cats are exploiting the workers and making themselves filthy rich is because they can. The workers are not united to fight it. Unions are a joke nowadays. Unions have become far too political. They have gone from protecting the hard workers to protecting lazy workers in many cases.
I could also go on and on about the monopolies that are created by the rich that make it impossible for the average joe who is smart and willing and driven to open a business on his own to compete against them.
However the fix for this is not a Gvt take over. All that will do is shift the power from certain corupt civilian individuals to the power hungry and corupt Gvt individuals who have proven time and time again are incapable of not abusing such power.
Workers need to stick together so that If a corupt exec gets out of line, its workers can leave the job, then there is no $$ coming in for the fat cat.
October 25th, 2009 at 9:24 pm
Congratulations! That is some of the most convoluted thinking I have ever seen! I hardly even know where to begin to dissuade you of your prejudice ~ it might be a fools errand to even try as you are SO angry! The "us" vs. "they" mentality is hurting you.
First: A job needs to be CREATED before it can be PERFORMED.
Second: The wealthy ARE part of the "working class", they’re just successful (which u seem 2 resent????)
Third: We are all capitalists in this country, it’s what the country was founded on (rich & poor alike) and will remain so unless Obama gets his way.
Fourth: Reinvesting resources does create jobs and more wealth contrary to what you assume.
Fifth: You admit that demand can not exist w/o wages yet you slam those (the monied entrepreneurs) who PAY those wages. You bite yourself in the butt there.
Good luck, I hope u find a job soon
October 25th, 2009 at 9:24 pm
if a company wants to consolidate a bunch of workers in an area into a single building in order to cut down on multiple payments of utilities, parking, and rent and they end up employing hundreds of workers to construct the new building……..where is the problem? it provides jobs for labor (union or non, i don’t care….just work and don’t be pussy about it) and saves money regarding the employees of the company in question in regards to parking, utility bills, etc.
……….if the entities with wealth just stopped hiring anyone to work, well, with obama’s policies regarding success you can just kiss your hard work good-bye
October 25th, 2009 at 9:24 pm
Demands are necessary to run an economy but the workers are not the people who actually plan out how to meet the demand. It is bold thinking capitalists that started with an idea that grows into a business. We can all work but it is the organization and structure provided by capitalists that give our work meaning and the ability to meet demands. Workers create the product, capitalists provide the plans and idea for that product.
October 25th, 2009 at 9:24 pm
The "capitalist" takes the risk in small business, and small businesses create most jobs in America. "Jobs create more jobs" in essence means demand for goods and services is directly propotionate to American workers having money to spend. Allocation of resources is best served by competitive free markets, and profit is the motive of production. Eliminate profit and you eliminate incentive for risk, and, of course, the incentive for you, or others, to form a business or to provide a service. That incentive drives innovation, new products and new designs, and the creation of new entrepreneurs. Small business in the United States is not necessarily synonymous with being "rich", as you define it.
October 25th, 2009 at 9:24 pm
Supposedly the rich create jobs because they can come up with ideas to exploit the working class.
October 25th, 2009 at 9:24 pm
The rich exploit us. Our work makes them rich. We should unite against them.
October 25th, 2009 at 9:24 pm
Let me simplify MY position.
I AM TIRED OF THE ELITE; FULL STOP.
They should ALL be dragged from their homes and cars and jets and yachts, away from their rich food whores and luxuries, and burnt at the stake, real old fashioned peasant style, you know, bring the kiddies and a plate of food.
Eff them i say. We Westerners created 99.99999999% of the problems the world now faces, so, let them pay for the place to be renovated.
Only fair, it was their "party" that left the blimming edifice unusable for any following generations.
Now they want NUCLEAR to solve the energy crisis that looms over us, and, what is worse, it is simply to ensure everlasting profit and scandalous behaviour.
Eff them all.
October 25th, 2009 at 9:24 pm
No, that’s right - a bunch of welfare recipients can go out, start a multi-million dollar manufacturing firm and employ thousands.
Or better yet, a poor person, who begs for change on the street - if they could just get a handout from the government - would be the next Bil Gates, or Steve Jobbs. I love all the jealousy of successful people on this site.
LOL
October 25th, 2009 at 9:24 pm
The theory that you are expressing was put forward by Karl Marx in the 1830’s in his book "Das Kapital".
It is called the "labor theory of value".
Although it remains popular, it is not widely held among people that have studied economics at the University or graduate level.
In academic economics it is now widely recognized that labor inputs are largely fungible (there are plenty more fish in the sea to fry) and that true value comes from the organization of production and the application of capital to a rational market opportunity.
Sorry to be the bearer of bad news but labor inputs are easily sourced around the globe now while capital, new market opportunites and the people that can organize production are more scarce.
In plain English, you are mistaken. Entrepreneurs (not necessarily the merely rich who could choose to hoard capital or consume it rather than apply it to productive uses) do create the jobs and the value.
October 25th, 2009 at 9:24 pm
It’s Reagonomics 101. Tell the working class that the wealth will "trickle down" while at the same time, dismantling their protections/unions. The Great Communicator was very effective and republicans still worship him. It’s been 30 some odd years since Reagan and look where we are. Republicans and democrats, our duly elected representatives all looking the other way when it comes to maintaining a strong middle class. The greatness of America was that everyone was a player. Everyone had a job and contributing to the economy. Now they want to keep affordable healthcare out of our reach. The parasites you mention are still winning the game. Obama wants to at least level the playing field. We should be supportive of that.