Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
That’s not always true. Handymen, for example, often do much of the work and hire others only when needed. Entrepreneurs sometimes run their businesses all on their own selling products they personally designed.
The difference is that you often don’t achieve the higher levels of those professions being a one person team. At that point you need others to work for you and in only the most extreme cases does the profits get spread evenly.
Now don’t get me wrong, the owner of the business does take on responsibilities and risks the employees don’t but at some point you’d expect those costs to drop down to nearly nothing. Instead the business grows, more risk and all the employees stay at the level of benefit while the owner’s benefit increases.
