You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #185: This is a real life example. If it doesn't fit your theory... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
eallen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-07-07 11:59 PM
Response to Reply #177
185. This is a real life example. If it doesn't fit your theory...
Admittedly, the numbers next are a bit of a guess, because I don't know everyone's choice. But it's a real life example. For the first year, one employee chooses to take $0 salary and ISO on 100,000 shares of stock. Another chooses $40K salary and 50,000 shares. A third chooses $80K salary and 0 options. In another three years, those options may be worth $100/share. If that turns out to be the case, the first two employees pretty clearly will then be part of the capitalist class, and I'm sure no few Marxists will explain how they profited from the labor of others. After all, they were only two of those involved. Or the venture may fail, and the options will be worth $0/share.

I don't know why you say this example isn't consistent. And this is R&D. In the real world. I have done dozens of R&D projects. Fewer as startups -- this is my third such. Tell me, what experience do you have in R&D and startups to be saying I don't know how such things work?

It is a myriad of such ventures that drive economic progress. Saying that Marxian analysis can't cope with this is essentially an admission that it can't cope with economics.

:hippie:
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC