Economic inequality is a byproduct of profitdriven systems from "summary" of Profit Over People by Noam Chomsky
Economic inequality is an inevitable outcome of profit-driven systems. When the primary goal of a society is to maximize profit, wealth tends to accumulate in the hands of a few individuals or corporations. This concentration of wealth leads to a widening gap between the rich and the poor, as those at the top reap the benefits of the system while the majority struggle to make ends meet. In a profit-driven system, the pursuit of profit often takes precedence over other considerations, such as social welfare or environmental sustainability. Companies are motivated by the desire to increase their bottom line, leading them to prioritize cost-cutting measures and exploitation of resources. This can result in the exploitation of workers, environmental degradation, and...Similar Posts
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