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In Democracy for the Few Parenti illustrates how our society is primarily divided into two categories the owning class and the working class He explains those who are considered the owning class are the extremely well-to-do people those who are independently wealthy and mostly live on profits from their investments This class consists of wealthy stockholders of large corporations but also includes the struggling small business owners Parenti compares these giant corporations and small businesses to elephants and squirrels in order to give a better perspective as to who is better able to bully their way around the markets The other class mentioned by Parenti is the working class who primarily live on wages salaries and pensions This class ranges widely from blue collar workers and includes anyone who is not independently wealthy Parenti goes on to explain how seldom the hard work of someone in this class can ever make them rich As a matter of fact the ones who become wealthy or maintain their wealth are the stock holders of the giant corporations The majority of stockholding owners who are collecting a substantially large income from the labor of others have yet to step foot into the corporations factories or offices Parenti notes that a workers wages stand for a diminutive part of the capital produced by their labor The profit or unpaid portion goes straight to the owner Parenti reports that a private sector employee works maybe two hours for themselveswages and the remaining six or more hours they work are for the ownersprofit after expenses Parenti illustrates how when capitalists say theyre putting their money to work what they mean is that they demand more labor from their employees to produce larger quantities in a shorter amount of time at less pay He also advises that the purpose of large corporations is not to perform services for the public but rather to make as large of a profit as possible
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