3 ms·
It's called capitalism. Some confuse that with the more neutral concept of a market economy. In capitalism, individual wealth accumulation is the primary goal,
by imtringued 3y ago
It's called capitalism. Some confuse that with the more neutral concept of a market economy.
In capitalism, individual wealth accumulation is the primary goal, not employing and paying people living wages.
Since capitalism is a disequilibrium state, full employment is not expected. Busy work is part of the system.
- orangepurple 3y agoIt is not entirely correct to describe the social contract within a corporation as capitalist if you are salaried and compensation is indirectly tied to performance.