9 ms·
> hamster-treadmilling for mere pennies on every dollar of labour I produce Oh, you noticed! > structured to ensure that almost all of that generated wealth g
by musicale 2y ago
> hamster-treadmilling for mere pennies on every dollar of labour I produce
Oh, you noticed!
> structured to ensure that almost all of that generated wealth goes to those who already have obscene amounts of wealth
The most important function of business management is to ensure that value flows up the pyramid rather than down.
One advantage of capitalism vs. feudalism or prior systems is that the capitalist nobility who own the (land, factories, companies, robots, etc.) is neither directly hereditary nor based on military conquest. This allows it to claim fairness even though it is mathematically impossible for more than a few people at the bottom of the pyramid to ascend to the top.