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I agree that this is what capitalism has devolved into. It doesn't need to be this way. It's not what Adam Smith wrote about. Profit was never supposed to be a forever and holy grail. He envisioned that it was necessary for a young business or industry but believed that as a business matured profits should decrease in favor of increasing wages for the workers

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Marcus aka Gregory Maidman
Marcus aka Gregory Maidman

Written by Marcus aka Gregory Maidman

Living 17,043rd human life. I am Marcus (universal name) or you may call me Greg; a deep thinker; an explorer of ideas and the mind.

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