Kyros on 27 October 2008
because that means many people have work
This socialistic approach sounds nice but simply doesn't work. In socialistic countries its easy to do a job that would need 100 people with the right tools with 1000 people.
The problem is the country as a whole isn't better off that way because not more value is generated and the 900 people do not have the option to do something sensible and generate value as well.
Even if the 900 people have no possibility to get a job or create a business on their own, the responsibility to care for them is definitely not with the company but for example with the government, that can use taxation to redistribute the generated value of the 100 people who do the job.
Luckily in most capitalistic countries a big part of the 900 people do indeed find a sensible job or create one for themselves so increasing the value that is generated by the society.
Capitalism may be a really bad system but it is simply the best we have.
