What does this actually mean for you and I?
It means... FOR EXAMPLE... that instead of Walmart being owned by the Walton Family it is owned by ALL THE EMPLOYEES and they share equally in the ENTIRE WEALTH of the company...
If Walmart generates $100,000,000 in PROFIT each year and there are 1,000 employees then each person receives $100,000...
Under CAPITALISM, some employees might receive $30,000, some might receive $50,000 while only a few might receive $100,000...
ANOTHER ISSUE is the fact that under SOCIALISM there is no guarantee that each employee will work equally as hard each year to receive their $100,000...
Social Scientists see this same sort of behavior happen when there are UNIONS that negotiate the salaries of the workers as workers know that they will get paid regardless of how hard they work.
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