Not sure Republicans understand difference between "capitalism" and "exploitation"

[samjones]

*YES*. You got it. "As low as it can".

yes IBM and the Yankees are forced by capitalism to provide the best paying jobs possible and best products possible or go bankrupt.

No. IBM and the Yankees are forced by capitalism to provide the best products possible at the lowest possible cost, thereby maximizing shareholder value. I don't go to the movies much, but wasn't there a Brad Pitt movie about exactly this topic, lately?

Do you agree that "maximizing shareholder value" is the fundamental driver of American Capitalism?

 

[EdwardBaiamonte]

Do you agree that "maximizing shareholder value" is the fundamental driver of American Capitalism?

no no no!! serving customers is driver; thats what you must do naturally. If you do that then you can pay high wages and pay high dividends but it all flows from service to the customer.

Read "Good to Great"!!! Great companies are the ones who love what they do, if you only love money you get killed by those who love what they do.

Please print that out and hang it on your bedroom wall where you can see it each day. Now you know the real nature of capitalism.

 

[samjones]

Do you agree that "maximizing shareholder value" is the fundamental driver of American Capitalism?

no no no!! serving customers is driver; thats what you must do naturally. If you do that then you can pay high wages and pay high dividends but it all flows from service to the customer.

This is not true. There are any number of reasons that a stock may have strong value... maybe a company provides great customer service. Or maybe they just make a great product. Or maybe they have a bunch of great patents. Or maybe they just invest in other companies and fire a bunch of people and sell off their assets and saddle them with debt that isn't really theirs.

You're unrealistically indealistic. The Fountainhead was only a story. "Shareholder value" is the driver of American Capitalism. Without it you won't have the financing to do squat. There is no other way to look at this, either from the perspective of a Capitalist or from the perspective of a Socialist. It is simply an immutable fact.

 

[EdwardBaiamonte]

Do you agree that "maximizing shareholder value" is the fundamental driver of American Capitalism?

no no no!! serving customers is driver; thats what you must do naturally. If you do that then you can pay high wages and pay high dividends but it all flows from service to the customer. ]

This is not true. There are any number of reasons that a stock may have strong value... maybe a company provides great customer service.

exactly to provide the best service you must love it enough to do it. Hire tennis players to sell ski equipment and you'lll die. HIre people who love to ski and you'll prosper. Read good to great

Or maybe they just make a great product.

yes skiers will built great ski equipment not tennis players. read good to great

Or maybe they have a bunch of great patents.

yes skiers will love the stuff and invent great things

Or maybe they just invest in other companies and fire a bunch of people and sell off their assets and saddle them with debt that isn't really theirs.

and how well will that company do against people who love to ski?? read good to great. You don't get the basics of capitalism and how after 10 million years it instantly ended the stone age in 200

You're unrealistically indealistic. The Fountainhead was only a story. "Shareholder value" is the driver of American Capitalism. Without it you won't have the financing to do squat.

read "good to great". They teach it in MBA schools
it is not the Fountainhead, it is a modern survey of how modern corporations . Great great lesson for you. Please pass it on.

 

[samjones]

Hire tennis players to sell ski equipment and you'lll die. HIre people who love to ski and you'll prosper.

You'll be run out of business like all the other ski shops. People buy on line.

 

[usmcstinger]

Exploitation is a term more often than not used by Socialists and Communists. By the way, how have these
two systems been doing?

 

[samjones]

Exploitation is a term more often than not used by Socialists and Communists. By the way, how have these
two systems been doing?

Good enough to lend us 1.2 trillion dollars.

 

[EdwardBaiamonte]

Exploitation is a term more often than not used by Socialists and Communists. By the way, how have these
two systems been doing?

Good enough to lend us 1.2 trillion dollars.

why be so afraid to say what Communist country lent us 1.2????. What does you fear tell you??

 

[EdwardBaiamonte]

Hire tennis players to sell ski equipment and you'lll die. HIre people who love to ski and you'll prosper.

You'll be run out of business like all the other ski shops. People buy on line.

a liberal trying to change the subject while losing debate