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Comment by ocius

Regarding the first point: owners typically pay themselves a salary in addition to owning the company and thus benefit from both. Employees do not have this advantage.

The two problems are not mutually exclusive, and certainly unskilled labour is a significant problem for a good fraction of the population; but if this were the only problem, then we wouldn't see the amount of wealth concentration and decoupling of productivity from income that we observe.

parent ocius 3 months ago

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