The Western Socialist
Vol. 27 - No. 213
No. 2, 1960
page 9

Who's A Capitalist?

If Great Britain is a nation of little capitalists, as Richard L. Thomas said in the Colonist of Jan. 13, then who is doing the work? Most capitalists don't work because they don't have to; they own enough capital to supply them with a far greater unearned income, than wages of the earned variety ever could.

This applies to both large and small types of those whose incomes are the result of unpaid labor. Owning $500 of various shares, while paying on a $5,000 mortgage, doesn't make a worker a capitalist; it only illustrates a worker who is $4,500 in the hole.


(Daily Colonist, Victoria, B.C.)