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Neither of those are the problem I'm referring to, which should be obvious based on the thread we're in... But to spell it out, the problem is that the winner-
by Rusky 9y ago
Neither of those are the problem I'm referring to, which should be obvious based on the thread we're in...
But to spell it out, the problem is that the winner-takes-all aspect encourages people to overwork themselves or their employees, despite the diminishing returns that brings.
Maybe you're just so convinced of capitalism's good nature that you were blinded to what we were talking about in the first place? ;)
- WalterBright 9y agoI think you're inventing a problem. I don't know many capitalists or employees who believe they must work themselves to death because of some presumed winner-take-all aspect. In fact, I don't know any. Few define business success as erasing all competition. Success is making a good profit.