as a economic model...too provide work for everyone?
2007-09-16 16:42:29 · 4 answers · asked by Anonymous in Politics & Government ➔ Politics
If not - how can its success ever be measured?
2007-09-16 16:56:51 · update #1
If it has no basic requirements?
2007-09-16 16:57:43 · update #2
No. The under-utilization of the available
workforce is one of the faults of the system.
2007-09-16 16:57:14 · answer #1 · answered by Irv S 7 · 1⤊ 2⤋
No. It's a requirement that businesses hire the workers they need and pay them the salary that the market will bear. If there are 100 people who need jobs but the business only requires 50, that's all they have to hire. They don't have to hire the other 50, since that would make their product unprofitable and cause the company to go under. Socialism is the economic model that requires work for everyone, whether needed or not.
2007-09-16 23:52:12 · answer #2 · answered by mommanuke 7 · 1⤊ 1⤋
Nope. Look at the rich who are only rich because of inheritance. The actual capitalists don't do any work after they figure out a system to screw the working class.
2007-09-16 23:52:57 · answer #3 · answered by Clint 4 · 1⤊ 2⤋
NO Work is rewarded! not handed out like socialism!
2007-09-17 00:34:25 · answer #4 · answered by Dr.NO 3 · 1⤊ 1⤋