What keeps corporations(people) from simply pocketing the surplus revenue?
And, in turn investing it in a bank account instead of jobs? @?, I don't think there should be a limit, the surplus value should be redistributed to the workers. @Jaker, then what's the point of tax cuts for the wealthy?
Asked By: - 12/7/2011
Best Answer - Chosen by Asker
You are absolutely correct! This theory that if you give a rich man a few extra bucks he'll immediately think, "Gee, I need to create a job" is just nonsense... More
Answered By: Rick - 12/7/2011
Additional Answers (7)
If you want to start learning about basic economics, I suggest some of the free pdf books available at mises dot org.
Answered By: . - 12/7/2011
how much profit is too much?
Answered By: buffalo dog - 12/7/2011
Nothing. In a free economy they get to do that but if the owners (shareholders) don't like it they fire the people who make that decision. The purpose of corporations is to make money for the owners, not to create jobs.
Answered By: jaker - 12/7/2011
Corporations are not people even if the idiots on the supreme court say they are.
Answered By: Daniel - 12/7/2011
Answered By: suthrnlyts™ - 12/7/2011
Nothing. Its their money and they can do with it as they please. Why do you think corporations have some responsibility to create jobs? They don't.
Answered By: Myself - 12/7/2011
You sound like my bother-in-law he resigned from his job when the company would not let him tell them how to run the company. Corporation will distribute the surplus to the share holders as they are required to do. So if you work for the company and you want the surplus then buy the stock. You people really need to get... More
Answered By: wtinc - 12/7/2011
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