4 ms·
More work produces more goods/services to sell, why would capitalists cut back on their profits?
by atomashpolskiy 9y ago
More work produces more goods/services to sell, why would capitalists cut back on their profits?
- beaconstudios 9y agobecause not all capitalists work for publicly traded companies where they are legally bound to maximise profits. There are plenty of businesspeople out there who aren't constantly seeking out new ways to increase profits. Usually small business owners.
- atomashpolskiy 9y agoWhat kind of impact do these lifestyle businesspeople have on an average person's life? Or do you mean that they are a good example of giving up on pursuing wealth in exchange for spare time and unquantifiable humanly joys?
- beaconstudios 9y agoI mean they're a good model of what healthy capitalism can look like. Provide valuable services, don't work your employees to death to maximise profits for the mob-rule of shareholders, stay small and focus on well-roundedness. I'm very pro-capitalism and I can't stand the enterprise model of business, it's very dehumanising.