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Ah, looks like Zenefits was just targeted for taking customers away from insurance brokers:
A Regulatory Fight
We've grown so quickly that the world of insurance brokers is freaking out. They're losing customers. As in a lot of industries that feel threatened, brokers have been reaching out to regulators for protection. In November, Utah banned us. They say we should charge employers for our software or it's unfair competition. I get why that would be good for the brokers, but how is that better for consumers?
http://www.inc.com/magazine/201503/liz-welch/hr-technology-with-benefits.html
Classic American capitalism, where the law is used as a weapon against competitors, not to benefit the public in any way.
Classic American capitalism, where the law is used as a weapon against competitors, not to benefit the public in any way.
When was the last time capitalism promoted competition? I'd say before permanent corporations were invented for the railroads.
When was the last time capitalism promoted competition?
When it produced cars like this:
When it produced cars like this:
Hardly.
www.youtube.com/embed/0Y_Bqn-6uko
Capitalism killed the Tucker.
Capitalism killed the Tucker.
Capitalism also killed the 1934 Chrysler and DeSoto Airflows, cars as innovative in their own time as the Tuckers, but people weren't ready for such advanced designs at the time.
Capitalism also allowed the development and building of an experimental turbine car in 1964 by Chrylser and placed 50 in the hands of everyday Americans for a six month test--something that would be inconceivable today with worries about liability and such. Sadly, subsequent regulations made the production of such a car impossible, but those were days when anything seemed possible.
Capitalism also allowed General Motors, which in 1967 had almost 50% of the market, to after 1971 set off on a course of corporate destruction that over the next 40 years would bring its market share down to less than 20%, destroying both Pontiac and Oldsmobile in the process, and give it to foreign makers that quite frankly made better products,
It's also odd that you pick the one lone example of failure and ignore all the other wonderful designs that made it into production.
Benefits, payroll, onboarding, time off, etc, managed online.
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