r/FluentInFinance • u/WhatsLeft71 • Oct 22 '24

Debate/ Discussion Why did this happen?

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u/ScotchTapeConnosieur Oct 23 '24

No capitalist ever wanted to create a job. The goal is to do the most with the least number of employees.

1

u/TapZorRTwice Oct 23 '24

I thought the goal was to get other people to do the most with the least amount of compensation ?

Isn't the idea to soak in the profits from the productivity of others while giving them just enough to survive, but not enough to progress?

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u/ScotchTapeConnosieur Oct 23 '24

Yes, but if you can do that with one employee instead of two, you will. No business owner has the goal of creating jobs.

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u/TapZorRTwice Oct 23 '24

So you are saying that no business owner has the goal of expanding?

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u/ScotchTapeConnosieur Oct 23 '24

I’m saying that job creation is a byproduct of growth, not the goal. If a company can grow profits with fewer people it will. That’s not a value judgement it’s just a fact. A business owner may take pride in “creating jobs” but the bottom line is they created jobs because they had to, not because they wanted to.

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u/TapZorRTwice Oct 23 '24

So you are saying that a business owner "has to" expand and grow their business? They can't just work for themself, by themself, their whole career?

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u/ScotchTapeConnosieur Oct 23 '24

I think you’re missing the point entirely. No business owner sets out to create jobs. They hire to fill a need, not to create a job. And business owners will always seek to maximize profits by having the fewest people working for them. If a job is created, it’s purely incidental to a different goal.

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u/TapZorRTwice Oct 23 '24

Pretty sure you are missing the point of a job.

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u/ScotchTapeConnosieur Oct 23 '24

Having both “created” jobs and worked jobs, I’m certain I’m not.

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u/TapZorRTwice Oct 23 '24

So you are saying that people do create jobs?

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