The capitalist is the person with the expertise to start and manage a factory. He builds capital, all the while not getting paid since the factory isn't producing. Only when the factory begins producing does he begin to see a return on investment.

The worker gets paid from day one. He voluntarily decides to give up access to surplus in exchange for an immediate source of income, and in exchange for not having to grow the factory from the ground up and continually manage it.

Since labor and management have different skillsets and different time-preferences, their relationship is symbiotic rather than parasitic.

Edited 10/30/2017 00:30:08

Since labor and management have different skillsets and different time-preferences, their relationship is symbiotic rather than parasitic.

In theory, yes - in reality, no.

you're making an assertion without any premises and basic logic or evidence

actually reading books about economics is a better way to learn about these things, since personal experience creates bias and most of the underlying philosophy and history of economics is not made apparent by wageslaving.

we do not live in a Hoppean or a Rothbardian civilization so working for a corporation in 2017 USA reveals nothing about those particular philosophies of economics. We live in a corporate interventionist state.