1. This possibility varies according to the average capitalization rate.
In a country, the higher the capitalization rates, the more the national stock of jobs depends on the national stock of capital.
2. The national capital stock can only be the main determinant of the stock of jobs in enterprises.
But firms, including those of the self-employed, have such a significant weight in the economy that the jobs they provide are the ones on which the overall state of the labor market depends the most.
3. The revival through more savings in capital does not have the perverse effects of the increase in public charges.
Nor does the revival through more savings in capital have the perverse effects that a greater proportion of loans generates in the financing of enterprises.
4. The qualitative consequences of the level of capitalization must be taken into consideration.
Working conditions depend to a large extent on the financial situation of the employer, whoever it may be. Chronically too small cash flows are sources of tension and evasion. In enterprises, deadlines are more easily met when the capitalization rate is high. The quality of life at work is affected. The proponents of the minimum capital in order to maximize rate of return do not like to be reminded of it: quality of life deteriorates or improves according to the fall or increase in capitalization rates.