Tag Archive | "Wal-Mart settles wage lawsuits"

Lawyers and the New Capitalism

Lawyers and the New Capitalism

Capitalism fundamentally means a free economic system in which property is protected and contracts devoid of force relationships. America was the bastion of such a system from its inception, but time has a way of changing things.

In a free system, employees freely contract with their employers, coming to terms of mutual agreement for compensation. In America’s new system, when employees disagree about wages, overtime, time off, or any kind of working condition, lawyers come to the rescue! Continue Reading

Posted in Economics, Investing, PoliticsComments (3)

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