PeakTrader.com

[administrator]

PeakTrader:

“The capitalist tendency to concentrate financial assets at everyone’s expense is inevitable.”

It’s not a zero-sum game. Capitalists create wealth. For example, take the invention and production of the microwave oven. How much is that worth? How much did it improve society? How much should the inventor get? How much should the investor get? How much should the cog, who just follows instructions to assist building it, get (he may be in China)? How much should management get for mass producing it at lower costs and higher efficiencies? How much should high-skilled workers get, to improve the good?

So, today, the consumer can buy a more durable and much lighter microwave oven, with more functions, for $50 (something that didn’t even exist before). What’s that worth?

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