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If a company makes less money than others, it will stop investing investingn in itself and divert funds to more profitable ventures. The rate of profit will reg
by conanbatt 9y ago
If a company makes less money than others, it will stop investing investingn in itself and divert funds to more profitable ventures. The rate of profit will regulate the amount of capital. The amoubt of capital will regulate the amount of workers.
You cant reduce a compnies profits and think that will increase employment.
- ethbro 9y ago> If a company makes less money than others, it will stop investing investingn in itself and divert funds to more profitable ventures.+ + In a free market without monopoly in its industry
- conanbatt 9y agoIs your argument that unions are effective against monopolistic companies? Maybe, but it's an approach of looking into the abyss.
- ethbro 9y agoI'm saying that statements like this: > You cant reduce a compnies profits and think that will increase employment. Have a lot of implicit assumptions about the market that company operates in, assumptions that may or may not be true in the modern global economy.