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A system should be judged by the outcomes of the incentives it promotes. Too many people seem to think that these incentives are somehow disconnected from capit
by jahaja 7y ago
A system should be judged by the outcomes of the incentives it promotes. Too many people seem to think that these incentives are somehow disconnected from capitalism.
For example, capitalist incentives do not encourage corporations and businesses to be able to handle a crisis like this, instead they encourage to pay out as much as possible to their owners & execs - skipping a "bad times" margin. To add insult to injury the larger corps can feel safe with this behavior since they'll get bailed out by the state.