Reply to post: Re: @LucreLout - Can you guess what I'm going to say Tim...?

Adam Smith was right about that invisible hand, you know

Graham Marsden

Re: @LucreLout - Can you guess what I'm going to say Tim...?

> Gathering all of that into one place is certainly a skill too, which is why the business owner gets rewarded. The employees are self evidently taking less risk with their capital

Neatly missing the point that, as said, it *takes* money to *make* money. If the employees *had* the money, they could start up on their own, but they haven't, so they can't.

> Well that certainly qualifies you to..... Well, I'm not sure what.

It doesn't "qualify" me to do anything. It just shows that your (not very implicit) sneer that I "understand the least about how the game is played" is wrong.

> And its worth bearing in mind that IT contracting isn't running a business in any real sense

Who is an IT Contractor? Not me, so another point fails.

> Equality of opportunity is what really matters, and you'll never get that between the only child of a millionaire [...] do we beat pretty people in the face to equalise their looks with those of us with a visage that appears to have been kicked by an epilleptic donkey

Yadda, yadda, yadda.

Please, LucreLout, spare me the ridiculously silly Straw Man arguments. I've never said anything of the sort, nor would I, so please don't imply that I have because *you* are ignorant of my position.

> Why then are those of you on the left so obsessed with other peoples money?

Oops! LucreLout gets it wrong again. I am only on the "Left" from your point of view. On the scale of http://politicalcompass.org/ I come in at -0.3 on the Left/Right axis and -7.75 on the Authoritarian/ Libertarian axis, so I'm hardly some left-wing, pinko, bleeding-heart liberal who thinks that the only way to equalise opportunity is to tax the rich and give it all the the poor.

Have you seen the recent story about the Saudi Prince who has just given $32 billion to charities and government employees? Apparently that has inspired a number of other Saudi business leaders to give bonuses to their employees. Similarly Abramovich has decided that Chelsea is going to not just pay staff the Minimum Wage, but the Living Wage and other football clubs are doing the same.

Why? Perhaps it's because they've realised that they don't actually *need* many millions or even a few billion in the bank and that paying people what they're worth, rather than only what they *must* pay them is actually a better way of doing business.

So which is better, saying "Screw you workers, I'm alright Jack" or developing a conscience and not trying to hog it all for yourself?

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