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Essentially, all employers are in debt to their workers. Emplo…

Posted on March 24, 2015 by Shahid Bolsen

Essentially, all employers are in debt to their workers.

Employees create far more wealth for their employers than what they receive in compensation. The gap between net profit and worker salaries constitutes employer debt.

If you think this is some kind of far Leftist or Marxist concept, then Apache Energy, BP, ExxonMobil and other such energy corporations are apparently Marxist institutions.

If it is reasonable for Apache and the like to take 50% of all oil and gas they extract, then it is reasonable that 50% of the profits produced by workers’ labor for any company should belong to the workers themselves.

If we have to accept wages disproportionate to the wealth we create, so foreign energy companies should accept the same; let them receive a wage for their work, and no share of the energy extracted.

Or, let all workers receive a share of the wealth they produce

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