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What Gordon Ramsay’s Success Can Teach Marxists About Entrepreneurship

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One of the core ideas of Marxist economic theory is the notion that business owners exploit the workers; that is, they profit off the work of the workers. The reasoning is that the things produced by a business are not produced by the business owners, but rather the workers as it is their labor that created the product.

Essentially, the business owner does nothing and earns a profit by stealing the products created by the workers and selling them.

The Flawed Reasoning of Marxist Economic Theory…

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