[lbo-talk] Unproductive Workers = The Best Organized in the USA

tfast tfast at yorku.ca
Wed Jan 18 12:36:10 PST 2006


I think you are confused here Woj. How do you calculate the marginal product of capital?

Travis

Wojtek Sokolowski wrote:


>Yoshie:
>
>
>
>>You have to look at "productive" and "unproductive"
>>activities without taking on a moralist outlook.
>>
>>Private sector workers' wages and benefits are paid out of
>>profits that they create. Public sector workers' wages and
>>benefits are also paid out of the same source: profits that
>>private sector workers create (excepting public sector
>>workers employed in state enterprises that operate for profit
>>or at least break even based solely on revenues from goods or
>>services they sell).
>>
>>
>
>I think you are a bit confused here. Profits is not what pays for workers
>wages, in fact, wages and profits are remunerations of two different factors
>of production, labor and capital.
>
>
>



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