08-14-2019, 08:39 AM
(08-04-2019, 01:31 AM)pbrower2a Wrote: People who have managed a business but have no idea of how to do the real work will be at a loss if they must do the real work of starting a shoe-string business. People of long-standing privilege are rarely competent at such. Marx was terribly wrong about the nature of small business: operating one is real work, and the profit to a great extent is more like the wages to the proletariat in quality and quantity than it is like the large passive incomes of feudal lords and the large-scale shareholders of giant, monopolistic, vertically-integrated firms.
Thanks for saying this, esp. what I quoted.