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 Originally Posted by CoccoBill
Yes, I didn't ask about that though.
Did you ask how upper management incentives differ from private to government? Doesn't the need to turn a profit answer that?
That's ridiculous. Let's assume a small company of 100 people. Let's assume social ownership creates a huge advantage with a 20% rise in profits. X denotes profits. Would you rather get 100% of x or 1% of 1.2x?
In that situation, sure. Some other situations would have shareholders making more.
I have no idea what you're saying.
You mentioned that you think the economist thing is to ignore some externality and pay attention to money things. I responded with the economist thing is handling externality in terms of money. It would be bad news if economics ignored relevant factors. Economists tend to do their best to denote what they can in terms of money, because it allows an objective measurement.
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