The Bandit Economy

There is an old parable about business ethics, where a young ambitious man is hired to run a pickle factory. Being ambitious, he comes up with a brilliant idea to increase productivity. He reduces the number of pickles in each jar by one. The result is the cost per jar falls and the number of jars produced goes up. His bosses are suitably impressed and he is quickly promoted. The firm hires another young hotshot to take his place, he quickly figures out the scheme and repeats the process...

Comments
No. 1-1
Brother
Brother

Today's bandits, Amazon, Uber, Lyft, etc. use your wall street 401k's to unfairly destroy markets, paying no taxes with no police in sight.