Defining Capitalism

Max Sawicky sawicky at bellatlantic.net
Tue Jul 3 13:48:45 PDT 2001


I was speaking strictly from narrow, individual self-interest, which I take to be the motives of most shareholders.

mbs

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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