In a company of 10,000 people, 100 produce HALF the value. …
In a company of 10,000 people, 100 produce HALF the value.
Of those 100, 10 produce HALF the value.
So 10 people out of 10,000 produce 25% of the value of the ENTIRE company.
Take away incentives - i.e. socialism - and you get economic collapse.
Replies
Very good point
I don't think that's correct. If the company runs smoothly and workers feel respected, then almost everyone will work productively and raise the value of the company.
Agree, I think he means 10 people take credit for 25% of the value. Toilets always need cleaning, it doesn't matter how brilliant you think you are.