RE: [microsound] sorry for being so vociferous this morning but...

[David Miller <damille@xxxxxxxx>]

>When a person spends $1 million to set up a widget factory and pays 100
>people $10/hour to operate the factory and then that person keeps the
>difference between their costs and their revenues, that's Capitalism.

the person is the owner

>If 100 people get $1 million together to set up a widget factory, pay
>themselves $10/hour to work there and distribute the profits amongst
>themselves, that's Socialism.

those 100 people are the owner[s]
and that's called profit sharing - which is what stocks, dividends, and all
that
are based upon.

both are capitalism.