PHIL 182 Study Guide - Midterm Guide: Natural Capitalism, Kyoto Protocol, Polyarchy
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Some workers might prefer seniority benefits, and some companies might do better than others: luck always plays a role in market economy, so some successes may seem undeserved , inequalities will be kept in check, though. Difference b/t highest and lowest paid workers will be kept to a 3:1 ratio (unlike a 300:1). More egalitarian (belief that all people are equal and deserve equal rights) Large firms will not run competitors out of business and successful market forces will encourage some companies to make more profitable resources available. Because competition is also not as intense, new firms will have an easier time to start up and become profitable with the help of investment banks. 300k ann. incm) --> a more evened out parade overwork or poverty. Minimum wage will be high enough to keep out of poverty (around /hr, with a k to.
