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  • The Spirit of Capitalism

    The Spirit of Capitalism

    If we are interested not in "the superiority of the things produced" but only or chiefly in "the amount of wealth accumulated," then we will naturally not focus overmuch on the quality of the goods we produce, provided that we can convince someone to buy them.

  • Consequences


    If it costs a company $3,000 to maintain insurance coverage for its employees, but the fine for eliminating that coverage and sending the employees to the government exchange or get a personal policy is only $2,000, then they will choose the option with the least cost.