It's better this way - otherwise employees at companies that make no money would have to take no salary.
It's better this way - otherwise employees at companies that make no money would have to take no salary.
In America today only 57% [1] of people have a positive view of capitalism. And that percent is only that "high" thanks to much older individuals who are probably envisioning our capitalism as it was in the past, before MBAology became the default corporate worldview. Take only 18-29 year olds, and 40% have a positive view. What do you think's going to happen as the older generation dies off?
Capitalism is not sustainable without more of society pushing back against sociopathy. Normalizing it because 'this is how big companies act' isn't going to normalize it, but simply turn people against capitalism - and ultimately bring us closer to swapping over to ["this time it'll be different"]ism iteration #73 or whatever.
[1] - https://www.pewresearch.org/politics/2022/09/19/modest-decli...
There is no sociopathy, it is a simple enterprise where someone absorbs the risk and others don't - it is collaboration.
Some companies are experimenting with other models - there's no law or force of nature saying an employee can't be a partial owner of a business.
That is correct, and a point many in this discussion miss.
> It's better this way - otherwise employees at companies that make no money would have to take no salary.
Not so fast. For one, companies that "make no money" eventually go bankrupt and pay nothing to nobody.
It's not "better" or "worse", paying what the market requires is simply the way things are in a free market.