Arthur Laffer policy". The drastic tax cuts had "threatened the viability of schools and infrastructure" in Kansas. Laffer is the founder and CEO of Laffer Associates in Nashville, Tennessee, an economic research and consulting firm that provides global investment-research services to institutional asset managers, pension funds, financial institutions, and corporations. He sits on the board of directors of several public and private companies. Laffer has been appointed to the advisory board of Sonenshine Partners, an independent investment bank focused on providing integrated strategic, financial and corporate advisory services. In 2004 Laffer joined the Board of Pillar Data Systems, a non-public Data Storage
To each according to his contribution the amount of labor contributed increases. However capitalism can lead to a situation where the means of production are owned by a small minority who do not produce, but rather live off the labor of others. Socialism is said to remedy this by putting the means of production in common hands and rewarding individuals according to their contributions. In the "Critique of the Gotha Programme", while criticizing Lassalle's ideas, Marx elaborates on the theory. According to Marx's analysis of the Programme, Lassalle suggests that "the proceeds of labor belong undiminished with equal right to all members of society". While agreeing