From Here to There

Life: A Capital Asset?

Profit sharing is frequently offered as an answer to those who say the capitalist system cannot properly distribute its riches. It rides high as a favored method of “getting from here to there” in the effort to stop the drift to socialism. But if there is anything valid to the argument that profits should be shared, it implies that there is something radically wrong either with our economic definitions or our analysis of what constitutes title to ownership. Something here must be changed if profit sharing is to come into its own.

JC

About the Author

John Chamberlain

John Chamberlain (1903–1995) was an American writer.

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Life: A Capital Asset?

Profit sharing is frequently offered as an answer to those who say the capitalist system cannot properly distribute its riches. It rides high as a favored method of “getting from here to there” in the effort to stop the drift to socialism. But if there is anything valid to the argument that profits should be shared, it implies that there is something radically wrong either with our economic definitions or our analysis of what constitutes title to ownership. Something here must be changed if profit sharing is to come into its own.