4 ms·
Capital will always have information asymmetry. There’s also the fact that the worst case scenario for a capitalist is that they become an employee. The worst
by pyreticRitual 3y ago
Capital will always have information asymmetry.
There’s also the fact that the worst case scenario for a capitalist is that they become an employee. The worst case for an employee is they end up homeless.
- lotsofpulp 3y agoA “capitalist” can also become homeless. Small business owners have to secure loans with personal assets and bad bets / legal liabilities are abound. Established business shareholders probably do not have this problem.
- pyreticRitual 3y agoIf they fail at being an employee, yes.