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Friday read - Compassionate Capitalism is a scam.

Added almost 2 years ago | As appeared first on medium.com | Author: DA Wallach
Why "Compassionate Capitalism" is kind of a scam. magine a store in your neighborhood that sells toilet paper for a dollar a roll. Each roll costs sixty cents to manufacture and sell, generating forty cents net profit. You typically buy ten rolls a month, generating a total of four dollars profit for the store's proprietor. Now imagine that an entrepreneur, Henry Hygiene, has an epiphany: toilet paper is a massive, unrealized lifestyle branding opportunity! Everyone needs it but no one loves ...
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