It is one of the greatest conflicts in the modern society, the relationship between a worker and his employer. Leftists usually have a grudge against employers, and against private property as a whole, and this largely comes either from hatred, envy, or from ignorance, by not understanding the fundamental forces that work in a business environment.

Today I am going to explain here how economics work at the business level, and what Capitalism is, or what it should be. I am a capitalist, don't hate me, and I have been both a worker, and an entrepreneur, and also an investor, so I have plenty of knowledge and experience about this rivalry.

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The rivalry is very simple:

• The employer wants go give as smaller salary as possible for the most amount of work to the worker
• The worker wants to get as higher salary, with the lowest amount of work possible

It works like this, everyone has it's self interest, and usually in a balanced economy, they reach a fair compromise, where both the worker is satisfied, and the employer is as well.

But of course greed, is a problem, and not just the greed of the employer, but the greed of the worker as well. Just as the employer can get greedy and cut salaries, the worker can also get lazy and start talking on the phone too much and working less and less, for the same amount of money. Or the worker forms unions and starts to demand higher payments, does strikes, or even outright sabotages the firm, and then wonders why his salary is cut even further, if the firm can't produce efficiently. But anyway this is not the point.

The point is that in a free society, there is usually a balance between the demands and expectations of the worker and the employee. But we don't live in a free society.

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There is something called the Government, that constantly puts his nose into everything, and distorts this natural balance. On one hand you have workers demanding higher salary, so the Government forces employees to pay that through minimum wage laws. And since the workers outnumber the employee, they will get passed, in a democratic country.

The minimum wage laws are evil, since you can't pay people below X. This means that everyone who produced below X, instead of getting a salary increase, will actually get fired. Of course the government could also force employers to not fire people, but that is called communism, and it's no longer a capitalist system.

As long as an employee has hire/fire powers, and setting the salary, it is called Capitalism. But after the government takes over, it is either called fascism, or communism, there is no other way to put it.

So whenever people cry for higher salaries, knowing that they produce well below what they get in their paycheck, they will most likely be left without a job, and then they will have to live on welfare, because nobody will hire them. And then the taxes will just increase on the other workers, to pay the welfare to the fired workers, and so they will need an even bigger minimum wage to fix that, and it's a vicious cycle.

Whenever the government takes over something, you can never expect anything good to come out of it.

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THE SOLUTION

Capitalism was never designed to be a worker-employer hierarchy, so I have to hand that to Marxists, they are right about that, however I cannot compromise on the private property concept.

So what Capitalism was supposed to be is actually a P2P voluntary system of private individuals, or private contractors doing business with eachother. There was not supposed to be a worker class, at all. That was just an inefficient remnant from the aristocratic slavery days.

So the working class should not exist, if we want to fix this problem. If you want real Capitalism, then the worker class should be abolished. And while this was pretty much impossible in the past, it is fairly easy today and in the future:

• http://www.fool.com/investing/general/2014/05/29/will-amazons-10000-robot-workers-turn-it-into-the.aspx
• http://www.telegraph.co.uk/finance/bank-of-england/11991704/Half-of-all-British-jobs-could-be-replaced-by-robots-warns-Bank-of-Englands-chief-economist.html
• http://www.independent.co.uk/news/business/news/15-million-uk-jobs-at-risk-from-robots-warns-bank-of-england-a6732381.html

One way or the other, the working class is going away. Robots will replace the working class in probably no more than 15-20 years.

This will put 80-90% of the population out of a job, and this is good. Why? Because having a "job" is pretty much a serfdom, the Marxists are right on that, nobody want's a job, people just want an income, but not a "job".

So now, first time in history, we will have a chance of bringing Capitalism to the world. People will no longer be workers, people now have a chance of being individual contractors, everyone becoming a businessman or woman.

Capitalism in it's purest form, is a system where everyone is doing voluntary trade/ commerce with eachother, and everyone is a businessperson. After robots come out to replace boring jobs, people could just buy these robots, and setup their own business without the need to hire anybody.

I imagine in the future people can just setup their phone factory in their garage with some 3D printers and some robots doing the assembly. It would be that easy to earn a living, or even working online, like blogging here on Steemit.

First time in human history, we have a chance to abolish slavery, for real. And by that I mean wage slavery , through robotization, and debt slavery, through cryptocurrencies.

We have to recognize that only a voluntary society with freedom, and free markets can save humanity from the dark ages and the suffering that is happening in the world.

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