3 ms·

Its more efficient for them to satisfice through obtaining graduates with good signalling factors (good schools) than sort the wheat from the chaff themselves

• gruez 3y ago
  > Its more efficient for them to satisfice through obtaining graduates with good signalling factors (good schools) than sort the wheat from the chaff themselves I find that unconvincing. Aren't progressives constantly talking about how corporations are exploiting workers by paying them less than than their productivity? In other words, each employee makes money for them on net. All things being equal, it's in corporate america's interest to have as big of a workforce as possible, because more employees = more productivity extracted. Even in a situation where corporations aren't labor limited, they'd still benefit from increased competition on the labor supply side driving down prices for them.
  • Shawnj2 3y ago
    Yea but colleges != corporate America and colleges want as much money as possible