Defining Capitalism

Doug Henwood dhenwood at panix.com
Tue Jul 3 12:51:02 PDT 2001


Max Sawicky wrote:


>In principle profit *levels* would seem to be meaningless.
>Other things equal, I'd rather own a small company making
>10% than an equivalent piece of a large company making 5%.

Why? The large company is more likely to pay better, offer health insurance, pollute less, and provide a less risky workplace.

Doug



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