Capitalist businesses must turn a profit for the owners in order to survive
In order for capitalist institutions to survive they have to turn a profit for the bourgeoisie who own them, otherwise they’ll be forced out of business by more ruthless competitors. This is carried out in two principle ways:
- Businesses seek to form monopolies so they can increase profits by maximizing prices
- Businesses seek to pay workers as little as possible increase profits
References
- NonCompete. Here’s why capitalism SUCKS! — and why it needs to end! part 1 (2:59). 2018, https://www.youtube.com/watch?v=8aHvA0KHXqM.