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Politics : View from the Center and Left
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To: TigerPaw who wrote (10616)2/2/2006 11:50:53 AM
From: TimF  Read Replies (1) of 541813
 
This doesn't happen often but thames_sider pretty much covered my response.

The workers have been paid for their labor. why should it also be considered a capital investment. The workers didn't risk their own wealth to work for the company.

Also capital is a word with a definition. You might argue that paid labor should be treated the same as capital, but it isn't capital. Redefining the word to fit your agenda might be useful but it leads to confusing debate and perhaps sloppy thinking. Even if compensated labor deserved to be treated the same as capital, and was called something like "the moral equivalent of capital" (and I think that is a silly and unreasonable, even unjust and unfair idea) it still would not be capital.

Tim
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