Shifting risk to where it is least understood and priced is what modern corporate management is all about. Creating true value is hard work, what people used to

Shifting risk to where it is least understood and priced is what modern corporate management is all about. Creating true value is hard work, what people used to do in the old days when the future was still a shiny something and progress was not discredited. From eliminating defined-benefit from employee pensions schemes to "not having" any employees at all, that is the name the game. Instead of fixed contracts where the entity carries the risk of reduced revenue, just take advantage of a willing pool of competing freelancers that race to the bottom and are at the mercy of economic cycles and their very own lifecyle. People often rail about generic "capitalism" but this is an example of the countless levers available to tune the beast so that its less of a vampire: What type of labor contracts firms can legally engage-in is a simple political / regulatory choice.