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Capitalist incentives explain why, says Mr Baumol.
It's a shocking departure from capitalist incentives if you lavish riches on the losers".
" I think corporations and capitalist incentives are better mechanisms to change things".
Third, the blind adoption of capitalist incentives into the practice of science by the Chinese establishment is outright wrong.
Similar(55)
That, in turn, has given venture capitalists the incentive to invest in start-ups, and some of them are hiring.
Draper's brother, Tim, a venture capitalist, provided financial incentives for the shoot.
Even within a capitalist system of incentives, much of what we have is attributable to "manna".
(Oddly, Marx himself arguably saw the cross-cutting individual vs. group—incross-cutting individual the other major group in his account).
Is this an insidious conspiracy of public institutions to use taxpayer money to bail out private banks or just smart capitalists responding to unwise incentives?
In other words, the mere fact that it is in the "interests of capital" to have a reserve army of the unemployed does not mean that individual capitalists have an incentive to take the steps necessary to maintain such a reserve army.
Lawrence Katz, a Harvard economist, adds that some inequality is necessary to create incentives in a capitalist economy but that "too much inequality can harm the efficient operation of the economy".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com