noWould society be better served by having certain industries operate without a profit motive?
Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
No.Would society be better served by having certain industries operate without a profit motive?
Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
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?Would society be better served by having certain industries operate without a profit motive?
Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
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.Would society be better served by having certain industries operate without a profit motive?
Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
No.Would society be better served by having certain industries operate without a profit motive?
False.Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
No...Would society be better served by having certain industries operate without a profit motive?
Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
To liberals, the sole purpose of a business is not to make a profit, but to pay the highest amount of taxes possibleWould society be better served by having certain industries operate without a profit motive?
Note: Libertarians need not respond since they dont believe such a thing as society actually exists.
There are some industries for which I think the profit motive is detrimental to consumers or is wasteful of natural resources, but I'd like to get other people's views before I give my own.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.
To libertarians the sole purpose of business is to make as much profit as possible regardless of the consequences, caring nothing for long-term sustainability.To liberals, the sole purpose of a business is not to make a profit, but to pay the highest amount of taxes possible
I though the term society was fairly well known. If you need to have the term defined for you, I doubt that you can be intelligent enough for your opinion to mean anything.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?
Yo Dumbass---there are societies within societies---strata of societies and on and on and on.I though the term society was fairly well known. If you need to have the term defined for you, I doubt that you can be intelligent enough for your opinion to mean anything.
may have a DIFFERENT effect on each of them. Care to try again?----having certain industries operate without a profit motive.
But that is the sole purpose of a business. Consequently, the 'evil' business model is actually really unprofitable in the long term, due to bad publicity. If its purpose is anything other than making profit, it's not a business, it's a charity.To libertarians the sole purpose of business is to make as much profit as possible regardless of the consequences, caring nothing for long-term sustainability.
I think it's just Flajas' latest homework question.But that is the sole purpose of a business. Consequently, the 'evil' business model is actually really unprofitable in the long term, due to bad publicity. If its purpose is anything other than making profit, it's not a business, it's a charity.
Oh, well then Flaja should just tell the (probably) socialist professor that businesses are most efficient when working together for the common good of the people of the Sovie...I mean United States.I think it's just Flajas' latest homework question.
1. if i can not make a profit as any one of these three why would i open this business?Businesses that would be more effective (at least from the consumers standpoint) by operating without a profit motive:
1. Insurance. An insurance customer pays thousands of dollars in premiums and then when they need to make a claim the insurance company makes them jump through hoops before it pays anything out. The less the insurance company has to pay out in claims the more profit it makes. Thus the insurance company has an incentive to not pay claims. And in the process, when major disasters such as hurricanes happen (at least in Florida) insurance companies can simply leave the market and leave the government to pick up the tab.
An alternative to a for-profit insurance company would be either self-insurance or insurance cooperatives whereby all of the money that comes investing the premiums is returned to the co-ops members through claims or lower premiums.
2. Banking/finance services. Again non-profit credit unions are certainly a better option for consumers of banking/financial services.
3. Groceries. Farmers and to some extent food processors need a profit motive to insure a steady and sufficient supply of food, but a grocery co-op and community supported agriculture and pick-your-own farms eliminate the retail middleman, thus providing food to the consumer at a lower cost.