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which costs more money. Getting more work out of fewer people thereby cutting costs and increasing shareholder value is the capitalist thing to do. Not saying i
by stuff4ben 7y ago
which costs more money. Getting more work out of fewer people thereby cutting costs and increasing shareholder value is the capitalist thing to do. Not saying it's right or wrong.
- perl4ever 7y agoNo, that's like saying cheating people or killing them is the capitalist thing to do. Defending capitalism becomes indistinguishable from attacking it; either way, the assertion is false. A market economy is a way of optimizing welfare through profit-seeking, but it has no meaning or existence or justification without constraints and boundary conditions. What constraints we should have is a political question completely separate from whether we should have private ownership of capital and free markets.