3min chapter

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512. Does Philosophy Still Matter?

Freakonomics Radio

CHAPTER

Is There a Balance Between the Needs of the Firm and the Needs of the Employees?

As labor becomes more pensive, firms are increasingly incentivized to substitute away from humans and toward machines. How would you think about achieving the proper balance between the needs of the firm and its customers and shareholders with the needs of employees? "We should aim to structure our society ... in ways that we think are morally acceptable"

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