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There may be competitive advantages to happy employees, but there's always a cost, and capitalism is about minimizing those costs. Again, if a business could ge
by throwaway91111 9y ago
There may be competitive advantages to happy employees, but there's always a cost, and capitalism is about minimizing those costs. Again, if a business could get away with it, they would simply not hire anyone to keep costs down.
Simply put, human welfare is directly in contest with maximization of profits. This occasionally can result in being paid well—it's cheaper than hiring two people at a lower rate.