How is it possible to "exploit" someone when they agree to what they're doing?anomaly said:I completely agree with you, globalvision. Gabo, capitalism without regulation results in the total exploitation of the worker.
The role of government changed because people got lazy. They said, "well I want this and this and this to change!" But instead of doing it themselves, they imposed rules and regulations to FORCE the entire country to do it for them.anomaly said:I mean Gabo, why do you think the Gov't stepped in in the first place? Just to cause havoc? It is to protect the workers!
If you pay your employees the lowest amount possible, you are making the most profit right?anomaly said:You seem to think that it is in the businesses best interests to give the worker more rights. This is not true at all!! The less rights (money) given to the worker, the greater the profit the businesses will collect, and that is, of course, what capitalism is all about: profit.
Because I will see your stupidity and pay my employees more than you pay yours. Suddenly, all the employees move to work for me! Now I, the one who gave them better benefits, is the one making more money!
This is a little thing called 'market competition'. It naturally drives companies to provide better wages and lower prices. Because if they don't, someone else who is smarter will.
To understand this, you must know how supply and demand works.
If there are less jobs than workers, then the companies hold all the power. THEY are the ones that get to pick and choose the employees and their wages.
The key is having more jobs than workers, because that puts all the power into the workers' hands. The companies must compete to get as many workers from the limited supply there is.
This second situation happens when there are no market regulations. Without regulations, the number of companies doing business increases.
Without regulations, people who are unsatisfied with the prices and wages of companies can more easily create and run their own.
Without minimum wage, more and more jobs come in from overseas.
This puts the workers in control, able to sit back and watch the companies compete for their service.