from Financial Survival Network
Ayn Rand Institute’s Don Watkins is outraged over the notion that Walmart employees deserve a piece of the profits just for showing up.
Walmart does have a profit sharing plan in place. The obvious question comes to mind, if the employees want to share profits, are they willing to share losses as well? Obviously not, that’s why they’re employees. There’s a difference between capital and labor and it’s called risk.
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