this post was submitted on 03 Nov 2023
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Marx thought that control rights over the firm were attached to ownership of capital rather than being logically separately acquired in the employer-employee relationship.
"It is not because he is a leader of industry that a man is a capitalist; on the contrary, he is a leader of industry because he is a capitalist. The leadership of industry is an attribute of capital, just as in feudal times the functions of general and judge were attributes of landed property." -- Marx