Jeff Bezos could bankrupt himself giving each of his current employees $200K (one time only, after 25+ years of work, not per year).
And that's by far the most extremely case.
You can argue that it's exploitative or that no one should be as rich as he is, but you can't say that working hard to do better for yourself as an employee is useless just because that small amount gets skimmed off.
>you can't say that working hard to do better for yourself as an employee is useless just because that small amount gets skimmed off.
I like this argument, but for higher taxes on the wealthy instead. Taxes benefit everybody, but my surplus labor value goes only to Jeff Bezos and his substantial money hoard.
And that's by far the most extremely case.
You can argue that it's exploitative or that no one should be as rich as he is, but you can't say that working hard to do better for yourself as an employee is useless just because that small amount gets skimmed off.