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Reply #19


Response to TBF (Reply #16)

Fri Mar 9, 2012, 02:02 PM

19. Owners vs. Workers ... a "war" of long-standing.

What I find most noxious is the hi-jacking of language, most notably the word "entitlement." Ownership itself is the very embodiment of the word entitlement, which refers solely to a power or 'right' conferred by a Title - which is a legal fiction created solely by law (or fiat) and enforced by the state. We are all familiar with the terms "King" and "Prince" and "Baron" (all titles) ... and we're all familiar with a Title to land or real estate, or even our vehicles. What we seem to disconnect on, mentally, is that they're the very things to which we refer when we use the term entitlement. While the use of that term in reference to Social Security is, in fact, technically correct, it's the far more inequitable powers enforced by the State that lend a negative connotation to the term.

Nowhere is this inequity more evident in today's economy than in the "lion's share" (i.e. might makes right) extracted from an enterprise by the "owner" -- or shareholders. Today's S&P500 corporation distributes more than twice as much of its net income to the 'owners' than it does to those by whose labors such income was created. Yes, Virginia, the workers get less than 30% of the wealth they create in today's corporation. (And the NBA players went on strike because their share was less than 50%!!! Imagine that! Organized labor.)


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Arrow 25 replies Author Time Post
NRaleighLiberal Mar 2012 OP
mackattack Mar 2012 #1
NRaleighLiberal Mar 2012 #3
Cirque du So-What Mar 2012 #2
NewJeffCT Mar 2012 #4
treestar Mar 2012 #5
nanabugg Mar 2012 #6
Iliyah Mar 2012 #11
bayareaboy Mar 2012 #7
TBF Mar 2012 #16
LineLineLineNew Reply Owners vs. Workers ... a "war" of long-standing.
TahitiNut Mar 2012 #19
TBF Mar 2012 #20
sarcasmo Mar 2012 #8
bread_and_roses Mar 2012 #9
xtraxritical Mar 2012 #14
nobodyspecial Mar 2012 #10
Proud Public Servant Mar 2012 #12
stuwz Mar 2012 #13
TBF Mar 2012 #17
AlbertCat Mar 2012 #15
onehandle Mar 2012 #18
sakabatou Mar 2012 #21
tmy236 Mar 2012 #22
Doctor_J Mar 2012 #23
underpants Mar 2012 #24
sofa king Mar 2012 #25
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