It doesn t depend, in other words, on that inanimate factor in production made by man himself which is called capital. Capital is either tools or money instruments or machines, or money. Management of labor is labor as a lieutenant, who manages privates, still works. And a conductor who manages an orchestra still works. The other thing, making money through capital, which can be done by one s nephew in Dutch Guiana that is, he puts in capital and never sees the place that is not labor, and that is profit in its purest hurtful form.
Management is labor.
Insofar as an executive works, he is a laboring man. Insofar, however, as he profits from his portfolio, that s something else. If he profits from his brain or hands, he s a laboring man. So there is an attempt to show that this farce, cruel farce, can continue. Click here to continue reading lecture.