profit motive

Discussion in 'Economy' started by flaja, Dec 10, 2006.

  1. flaja
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    flaja Member

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    Would society be better served by having certain industries operate without a profit motive?

    Note: Libertarians need not respond since they don’t believe such a thing as society actually exists.
     
  2. MtnBiker
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    MtnBiker Senior Member

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    Note: Since Flaja does not enforce the rules, Libertarians are more than welcome to respond to this thread if they wish.
     
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  3. manu1959
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    manu1959 Left Coast Isolationist

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    no
     
  4. kurtsprincess
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    kurtsprincess Active Member

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    No.

    What would be the incentive to provide a better product/service?

    I believe our government is currently operating on a "non-profit" mentality and look where we are headed.
     
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  5. dilloduck
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    dilloduck Diamond Member

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    If you are going to throw out all this silly questions why don't you give us soem definitions to work with. Society---how do you define that?
     
  6. CockySOB
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    CockySOB VIP Member

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    Perhaps you should try to be specific up-front as to which industries you are talking about. But in overall terms, I believe that a capitalistic society will deliver better quality and lower prices than a non-capitalistic society. And a capitalistic society necessarily requires a profit motive as incentive to research, reinvest and invent as a means of enhancing society.
     
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  7. BaronVonBigmeat
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    BaronVonBigmeat Senior Member

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    No.

    False.
     
  8. Hobbit
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    Hobbit Senior Member

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    There are very few organizations that do things well without a profit incentive. They're called charities. Right now, we have about as many charities as our benevolence can support. Without profit as an incentive, our progress would virtually halt, much like what happened to the Soviets under Communism. Without the incentive of more money to motivate people, and without the motivation of a religious work ethic, there was really no reason for anyone to try.
     
  9. KarlMarx
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    KarlMarx Senior Member

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    No...

    Countries with capitlist economies generally have higher standards of living than countries with socialist economies.
     
  10. red states rule
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    red states rule Senior Member

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    To liberals, the sole purpose of a business is not to make a profit, but to pay the highest amount of taxes possible

    To liberals, business should pay the entire cost of health care for their employees. Including, not not limited to, sex change operations. As well as any RX drugs they request, including but not limited to, Viagra

    To liberals, business should never lay off an employee. Even if his/her job is no longer needed. Keep them on the payroll so taxes will not be reduced

    To liberals, business should pay the full amount of the employees substance abuse therapy. It is because of stress the employee is on drugs or booze, so the business should pay for the rehab
     

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