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To: Kaslin
Can a single auto worker produce a sufficient number of cars to sell, develop a market for those cars, sell the cars, and turn enough profit (egad, there's that tyrannical word again) to support his family? Can he even do all of those jobs adequately enough to be marginally successful?

The answer, of course, is an unqualified 'no'. Just the capital investment required to produce a single car is more than a single worker could handle. And because of that, the worker exchanges his labor for what he considers to be an adequate wage and takes his spot within a company. At the end of his shift, he goes home and leaves it to someone else to worry about how to sell the product, and turn a profit. He has fairly traded his time for a wage he agreed to, and the company agreed to pay him that sum for his role in the process.

38 posted on 01/22/2020 6:17:27 AM PST by cincinnati65
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To: cincinnati65

The answer, of course, is an unqualified ‘no’. Just the capital investment required to produce a single car is more than a single worker could handle.


At one time, we had hundreds of auto manufactures. What was different then and now?

At one time we had thousands of local mutual insurance associations. What happened?

at one time ............................


44 posted on 01/22/2020 6:46:12 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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