Categories
Thought

Yves Guyot

Wages are a speculation. The laborer who offers his labor to a trader or a contractor, argues thus with him: ‘I deliver to you so much labor. It is true that you run the risks of the enterprise. You are obliged to make advances of capital. You may gain or lose. That does not concern me. I do my work, I make it over to you at a certain price; you pay this to me whatever happens. Whether it redounds to your benefit or causes you loss is not my affair.’

Yves Guyot, The Tyranny of Socialism, Laissez Faire Books, 2015, LFB​.org.

Leave a Reply

Your email address will not be published. Required fields are marked *