2/ Of course, you don't want to cripple your OWN organization with lower performers, and then let yourself get outcompeted by rivals. ...so the trick is to convince your rivals to do the same. or, as progressives like to say, "companies collude among themselves". Right again!
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3/ It's a great system that rewards pretty much everyone! (i.e. rich white men, women, people of color) The only people who lose out are: * consumers * shareholders * competent employees displaced from the workplace
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