Monday, December 12, 2011
Labor Is Not An Insignificant Commodity
There are those in this country who think labor is not important -- only capital is important. These are the same people who want to give the rich massive tax cuts (even though their tax load is at the lowest level since the last World War), and tell us that giving the rich more money will create jobs. They are also the same people that want to abolish the minimum wage, unemployment insurance, and child labor laws. They are not just wrong, they are dangerously wrong -- and their policies have done substantial damage to this country's economy. (Picture is from the website Addicting Info).
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The idea that generates wealth depends on the labor to make it all a reality.
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