by Summary:
Workers Bear Capitalism's Costs.
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Workers Bear Capitalism's Costs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Workers Bear Capitalism's Costs. |
Isn't a "worker" very similar to a business contractor? So a worker is trusting that they can borrow a position in a capital investment scheme to make a salaried profit (?). Just like a small business borrow from a bank, but takes almost the entire risk of success or failures, and that is a particular form of financial speculation on the part of the bank, Capitalism, because it's not shared capital management of the total social risk as was done before fiat money? [I Don't Know the technical terminology, but it is a familiar experience of legalised robbery]