tombi123 said:
But in your example in the OP, the socialist system would allow people to earn more money by working harder because their wage is a percentage of profit. So working harder is rewarded in both the socialist and capatilist systems. But in the capitalist system, four out of the five people would earn less than in a socialist system and one person would earn (a lot) more.
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That works only if you can get all 4 to work harder. Study after study has shown that you can't. I mean you could get lucky and find 4 people will to do it, but far more times then not, you will not find 4 people who will all work extremely hard for a minor improvement in income.







