AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
2021 in Historical Context -- Global Crisis, Labor Unrest, and "It's A Wonderful Life"
Historiansplaining: A historian tells you why everything you know is wrong
How to Get a Share of the Profits in a Business
The overriding strategy of both public and private institutions since the seventies has been to bring down labor costs. And this is very strange, i would say, because it indicates that these employers are not broke. They just resist more significant changes. If they are strapped for cash and really desperately need workers, why don't they simply offer a share of the profits? It can be called sweat equity - you do labor and get a share of ownership.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode