In order to fill the positions Danish owners have to bump up salaries and employ immigrants, but there are still not enough people working. It has gotten so bad that some companies have to turn down potential customers because they cannot muster enough staff to meet the need, some companies have lost millions in revenue because of the labor shortage.None of that is good for the economy, if a country cannot produce it cannot sell goods, which means it cannot generate income. This is especially bad for a Socialist country like Denmark, which relies on a strong economy to provide for its citizens through welfare programs. Thus, Capitalism’s fatal flaw is unregulated it will lead to its own self destruction through the overexploitation of resources to the point of exhaustion. To remedy this, the government must intervene and protect the resource from overexploitation, which is the complete opposite of Socialism’s fatal flaw. Socialism in its purest form struggles to produce goods and motivate workers to keep working, when workers decide not to work the entire state economy takes stiff penalties. It inhibits growth in general because there is a shortage of labor and with it a shortage of production of
In order to fill the positions Danish owners have to bump up salaries and employ immigrants, but there are still not enough people working. It has gotten so bad that some companies have to turn down potential customers because they cannot muster enough staff to meet the need, some companies have lost millions in revenue because of the labor shortage.None of that is good for the economy, if a country cannot produce it cannot sell goods, which means it cannot generate income. This is especially bad for a Socialist country like Denmark, which relies on a strong economy to provide for its citizens through welfare programs. Thus, Capitalism’s fatal flaw is unregulated it will lead to its own self destruction through the overexploitation of resources to the point of exhaustion. To remedy this, the government must intervene and protect the resource from overexploitation, which is the complete opposite of Socialism’s fatal flaw. Socialism in its purest form struggles to produce goods and motivate workers to keep working, when workers decide not to work the entire state economy takes stiff penalties. It inhibits growth in general because there is a shortage of labor and with it a shortage of production of