right, they'll always understand it at the back of their minds, but they'll often try to conceal that reality under some kind of false pretense of workers and owners "sharing profits" rather than workers wages being part of the "costs" that they fundamentally see as decreasing their profits. The goal of the capitalist is to minimize the difference between revenue and profit by paying workers as little as possible, but they are loathe to admit this publicly since that gives away the game.
mostly they don't bother though as if the workers don't like it what are they going to do overthrow private property that situation is what they have police for
you actually need someone to understand that profit equals revenue minus cost in order to have a capitalist system
right, they'll always understand it at the back of their minds, but they'll often try to conceal that reality under some kind of false pretense of workers and owners "sharing profits" rather than workers wages being part of the "costs" that they fundamentally see as decreasing their profits. The goal of the capitalist is to minimize the difference between revenue and profit by paying workers as little as possible, but they are loathe to admit this publicly since that gives away the game.
mostly they don't bother though as if the workers don't like it what are they going to do overthrow private property that situation is what they have police for
:yea: