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Instead of offering bread-and-butter benefits to lower-middle-class workers, it endorses free trade policies that destroy job security.
That is because automation can destroy job opportunities for those with few educational qualifications, hollowing out labour markets in the developing world.
This would scare VCs from investing in such tech firms, which in turn would destroy job creation.
Of these events, the Market Basket story is particularly instructive, because it represents how so-called shareholder capitalism puts pressure on managers to destroy job security and decent earnings for working people.
Similar(56)
We don't need to destroy job-creating capitalism.
Tax increases destroy jobs.
Any economy can destroy jobs.
Won't this destroy jobs?
And wouldn't that destroy jobs?
"Tax increases destroy jobs," he said.
"It will destroy jobs," he says.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com