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The Peter Principle is a serious flaw inherent in capitalism. You want people who work to their potential for the satisfaction of doing the job as well as they can. But the reward offered is financial, so people are often attracted to the job for the financial rewards moreso than the satisfaction of performing their best. They're in it for a paycheck. That's the problem the Peter Principle illustrates, people are interested in the promotion rather than the job. The converse is also true when you hire a contractor based on price. You're hiring based on the paycheck, not the satisfaction of receiving the craftsmanship involved in the job.
At least that's my take from observations, I haven't read the book.
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'86na, 5-spd, turbo front brakes, bad paint, poor turbo nose bolt-on, early sunroof switch set-up that doesn't work.
Malo periculosam, libertatem quam quietam servitutem.
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