4min chapter

From the New World cover image

Doomberg: Energy is Life and We Are Killing It

From the New World

CHAPTER

What Is W2?

"The primary objective of bureaucracy is to persist and proliferate," he says. "So then what you get out of a corporation is not the integral of the talent and work of the individual people that are embedded in it" In corporate America, there's 'not a lot of productive people' who can't get mortgages because they're called W2s by banks for their tax returns. But as an entrepreneur, I own the L.A.-based consulting company but don't pay myself as a W2 - we're not employees.

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