“With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.” DifferentPlayRunningCompanyRolesInvolvedManagementInvestmentFinancialProfitDirtyCorporationsCaptureInvestorsJointsGet InvolvedTroublesome Book:Economics for everyone: a short guide to the economics of capitalism Source: Economics for everyone: a short guide to the economics of capitalism
“Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.” Has BeensResultsProveProfitExploitationEconomistPreoccupation Author:Jim Stanford
