Lately a debate about corporations as “job creators” (usually in contrast to government regulation as a “job killer”) has been waging in the media. I’m guessing that most of you can see through the hype to the real issues at stake. But, just in case, here’s my take:
Businesses are job creators, but only in the sense that they hire workers to facilitate making stuff or delivering services that make them money. They don’t create jobs for the sake of providing employment. Creating jobs is just a means to an end, and the end in question is profit.
Profits are … Read more “Job Creators or Profit Makers?”