From: julie@pascal.org   
      
   On Tuesday, June 17, 2014 2:21:26 AM UTC-6, David Friedman wrote:   
   > On 6/16/14, 4:46 AM, Sea Wasp (Ryk E. Spoor) wrote:   
   >    
   > >   Yes. But the employee contribution is usually VASTLY larger than they   
   >    
   > > are paid.   
   >    
   >    
   >    
   > If that were typically the case, wouldn't you expect wages and salaries    
   >    
   > to make up only a small fraction of national income relative to profits?    
   >    
   > You can look up the numbers pretty easily.   
   >    
      
   No, because there are more categories than salaries and profits.  An employee   
   can bring in a great deal more than they're paid without the excess going to   
   profit.  There's the employer cost of benefits (though that maybe ought to   
   count as wages, to be    
   fair) and overhead and expenses and reinvestment and taxes and bunches of   
   stuff I'm using the wrong names for.   
      
   -Julie   
      
   --- SoupGate-Win32 v1.05   
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