So I understand capitalism is all about limiting/reducing the role of gov't.
However how is this not the most ethically and morally compromised of all business tactics?
Hey we fucked up and ran this company into the ground because we couldn't adapt...sorry about your jobs but our bonuses are rolling in. These asshats are bankrupt in every way possible
Capitalism is an economic concept that deal with the use and distribution of natural resources, including labor . When you have some time, read Das Kapital by Karl Marx.
Yeah I wasn't very clear when I typed it out. I needed to be more specific and say capitalism in America is trying to reduce the role of gov't. Most of the world is capitalist but more govt regulated.
My bad
@maxhyde Libertarianism is a political ideology of reducing the role of government.
@Spinliesel Yep. Forgot I was on a site where people actually know things. It smashed out my response because I just was disappointed by the lack of empathy in society or the abundance of greed...don't even know if I know which, maybe both.
What are you talking about? See any smaller government,, do ya, punk?
Don't understand the context at all but I like it.
@maxhyde Clint Eastwood in "Dirty Harry"
It is ethically and morally compromised if your morality is based upon altruism. I don't think Sears ran their company in the ground deliberately. It was because of their lack of foresight in a changing retail environment. If you judge them as bad for laying off their employees, did you judge them as good when they hired them? I doubt it.
I said it was because they failed to adapt and it isn't bad because they are laying them off or going bankrupt. Getting massive bonuses at the expense of people that had 0 input into the direction of the company is my issue.
What morality is not based off off a scale where that is not the goal?