Capitalism is a social system, in general, but individualy it is lifestyle. Under this system or lifestyle, the means for producing goods and service are demostrtaed by a small minority of people, or at least one person, like you. These kind of people are talents. Why?
Because, individually, they are persons who own the most aspect of human capital, that is a collection of resources, include the knowledge, talents, skills, abilities, experience, intelligence, training, judgment, and wisdom possessed by individuals that is embodied to produce economic value for the organization.
Conversely, the rest of people, in majority of employment in a company, must sell their ability to work in return for a wage or salary.
A talent produces quality goods and services which are then sold for a profit. The high profit is gained by the capitalist class (say talent), because they can make more money by selling what they have produced. In this sense, the working class (say non-talent) is exploited by the capitalist class, inpurposely, to work longer and with lower wage.
See, in a corporation, salary is fixed expense of production/operational cost, therefore one person’s earnings could not be further increased except at the expense of another’s. If a talent demands higher contract rate or bonuses, he/she will take up this amount from common workers’ salary. That’s why a telent is a capitalist, like his/her employer.
The capitalists, say employer, live off the profits they obtain from “exploiting” the working class whilst reinvesting some of their profits for the further accumulation of wealth. Talents reinvest their income in hiring good coach, learning new knowledge, expose lifesyle publicly, etc.
In capitalism, talent who has high human capital, embodied to produce economic value (profit) for the organization. The motive for producing goods and services is to sell them for a profit, not merely to satisfy buyer's needs (say benefit). The products of capitalist production have to find a customer, but this is only incidental to the main aim of making a profit, of ending up with more money than was originally invested. Remember, a talent must generate profit minimum 30% higher than his/her income.
Capitalism allows exploitation of human capital to spur production of goods and allows the talent to keep and track profits for what sells. Both employer and talent then transparently record the sales and profit.
The need to make a profit is imposed on talents as a condition for not losing their “talent” and their position as a talent in the organization. Competition with other talents forces them to reinvest as much of their profits as they can afford to keep their means and methods of performing.
Capitalism, also known as the free-enterprise or free-market system, is the economic structure that permits people to use their “talent” however they see fit, with minimal interference from the gemployer. Under capitalism, talents are free to work at jobs of their own choosing, to try to sell their products or services at whatever prices they wish.
Thefore, in capitalism, a talent, alike capital, is free to go to a new employer without green light from the previous employer.
But, talent, like you, must be open to new ideas, new firms new employers, and to new human capital. Without innovations, your “talent” may close to the end road.
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