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Why Capitalism Sucks

Capitalism sucks because employees are considered a cost to be minimized whereas owners are considered a cost to be maximized. Corporations struggle to reduce their costs, especially their costs for human labor. Machines don’t sue their employers, so a…

Capitalism sucks because employees are considered a cost to be minimized whereas owners are considered a cost to be maximized. Corporations struggle to reduce their costs, especially their costs for human labor. Machines don’t sue their employers, so all things being equal (as economists love to say), employers prefer machine performance to human performance. Hiring More

The post Why Capitalism Sucks appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by STEVE O’KEEFE.


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STEVE O’KEEFE | Radio Free (2021-07-09T08:56:32+00:00) Why Capitalism Sucks. Retrieved from https://www.radiofree.org/2021/07/09/why-capitalism-sucks/

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