On Feb 9, 2010, at 11:13 AM, Matthias Wasser wrote:
> On Tue, Feb 9, 2010 at 11:04 AM, Doug Henwood <dhenwood at panix.com>
> wrote:
>
>>
>> On Feb 9, 2010, at 10:52 AM, Joanna wrote:
>>
>> First, the whole wet dream of capitalist success is to get so rich
>> you
>>> don't have to work; others will work for you and you will thrive
>>> upon the
>>> profits they generate. But nobody is very explicit about that.
>>>
>>
>> That's not really true of today's capitalists - they work very long
>> hours.
>>
>
> Capitalists being executives? Shareholders? (Was there any point at
> which
> top executives didn't work long hours?)
Execs, money managers - people at the pinnacle of the system. The role of the capitalist has been professionalized and subject to the division of labor, while the traditional rentier has largely disappeared.