Summary:
Workers Bear Capitalism's Costs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Workers Bear Capitalism's Costs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
NewDealdemocrat writes Important mixed messages from jobless claims this week
Joel Eissenberg writes SARS-CoV-2 and the Wuhan wet market
Angry Bear writes Trump Ripping on His Man USPS Postmaster General Louis DeJoy
Bill Haskell writes Should Scientific American Endorse Presidential Candidates?
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]