Well the last 4 lines are where this falls apart. He doesn’t even own the machines he has a loan for them and the bank wants $4/day in interest and principal and then there’s insurance and taxes and blah blah blah
Not in this example. But sure, let’s say he does. Nothing falls apart. Sure, an X amount of dollars go to the cost od doing business, such as taxes, maintenance, the rest should go to the worker.
Not a fan of capitalism, but you’re saying the person who ponies up his own life savings should get nothing? The person who takes all the risk, who loses their home if the company fails? Note that the person you replied to suggested nearly the entire $6/item margin covered by costs. In the real world, sometimes that’s MORE THAN $6/item and they’re working at a loss for years.
I don’t like capitalism, and small businesses adding risk and working at a loss “for a dream” is part of why… Expecting the small- or even medium-business owners to throw themselves into the meat grinder is not the solution. Anyone who isn’t a billionaire is suffering under capitalism, not just the blue collar workers.
Well the last 4 lines are where this falls apart. He doesn’t even own the machines he has a loan for them and the bank wants $4/day in interest and principal and then there’s insurance and taxes and blah blah blah
Not in this example. But sure, let’s say he does. Nothing falls apart. Sure, an X amount of dollars go to the cost od doing business, such as taxes, maintenance, the rest should go to the worker.
Not a fan of capitalism, but you’re saying the person who ponies up his own life savings should get nothing? The person who takes all the risk, who loses their home if the company fails? Note that the person you replied to suggested nearly the entire $6/item margin covered by costs. In the real world, sometimes that’s MORE THAN $6/item and they’re working at a loss for years.
I don’t like capitalism, and small businesses adding risk and working at a loss “for a dream” is part of why… Expecting the small- or even medium-business owners to throw themselves into the meat grinder is not the solution. Anyone who isn’t a billionaire is suffering under capitalism, not just the blue collar workers.