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To: An Old Man

If you believe strongly that those of us who did not contribute anything to the formation of this company, you should start one of your own. We can probably find a lot of union members who would be happy to share in your success also.

I did contribute - I bought and have owned several new HD's through the years.

You statement there makes no sense, sir.


50 posted on 01/31/2007 1:35:55 PM PST by 66-442hot (Grubbin' for money?? Why not??)
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To: 66-442hot
That's not what was meant by contributing. Sure, customers contribute by buying the product, and in return they get exactly what they bought. Employees contribute by working, and in return they get what they agreed to: wages. Investors and entrepreneurs contribute by building and financing the company, and in return they get the company's equity and profits.

It's as unreasonable to say employees deserve a share of the company's profits as it is to say customers deserve a share of those profits.

67 posted on 01/31/2007 1:46:42 PM PST by Young Scholar
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To: 66-442hot
66-442hot Wrote in response to a post I made: I did contribute - I bought and have owned several new HD's through the years.

You statement there makes no sense, sir."

I apologise to 66-442hot and to everyone else for the contents of original post I made. In my haste to send the message, I left out a critical part. I have since corrected that and will attempt a further respond to the 66-442hot's post here.

The idea that I had intended to convey was that the owner of a company be it an individual or a corporation has absolutely no responsibility to share any portion of the profits with the employees.

At first glance the above may seem unreasonable and some might even consider it unjust. However, if we are to have a capitalistic system, then only those of us that supply the capital are entitled to the profits because we also assume the risk of loss. That is to say, we may get rich or we may lose our shirt. Depending on our ability's we may encounter either result.

Purchasing the products of a factory should not be construed in the same light as supplying capital. Consumers almost always have the choice to purchase a similar product or to withhold their purchase money entirely. That is to say, nobody forces anybody to participate in making a purchase. Entering into a contract to purchase whether in writing or verbal and no mater what the size is a voluntary act made by two reasonable parties either of which can refuse to proceed.

Again, I am truly sorry for the confusion I must have caused with my 1st post.

Semper Fi
An Old Man

136 posted on 01/31/2007 4:19:02 PM PST by An Old Man (USMC 1956 1960)
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