American Employees: Consumers or Costs?

The American Employee -- Consumers or Costs - wages v. profits

Henry Blodget, CEO of business news site Business Insider, recently published a blog titled Time for a Better Capitalism. The article examines how U.S. corporations think of American employees as “costs,” instead of as consumers. Blodget claims that shift has, over time, fundamentally changed American capitalism. By paying good wages, investing in future products, and generating reasonable (not “maximized”) […]