YoutubeShare - the dirty secret of capitalism

in palnet •  5 years ago 

I didn't find this video on steemit so I am making a post just to put it in here

he argues that neo capitalism has wrong "laws". for e.g. more money to workers = less jobs. in a city they raised the basic salary of workers in restaurants and the jobs and employment went through the roof!!!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This guy is completely wrong. People today are the same as people 30, 50, and 500 years ago. The past 30 (40 actually) years are different than the previous time periods because the money has been broken.

Broken money has allowed for the financialization of everything, distorting valuations and the rest of society.