Quote:
Originally Posted by roflwaffle
Well, yes and no. Government's and profits in and of themselves don't produce jobs. Hiring people produces jobs.
To put it another way, in a perfectly capitalist economy, there would be perfect/pure competition and no profit.
Asserting that profits somehow produce jobs is ridiculous. Profits mean that some of an entity's revenue isn't going to pay for someone's employment. |
If the "perfect capitalist economy" worked in a vacuum at the speed of light, yes. Is it your assertion that is now or ever will be the case?
Your next line following your "perfect EC" line is not plausible since "
Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets" .... It's not ridiculous or silly or brilliant or anything since your economic model is completely unrealistic.