MtnBiker
Senior Member
Government is non profit. It is also one of the most bloated, ineffiecent and self serving industries we have.
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1. if i can not make a profit as any one of these three why would i open this business?
self insured.....my company does that, we just charge more because we need the profit to fund our insurance and pay for the attorneys to defend us when someone makes a bogus claim.
all three of these co-ops exist, their lower prices have not run the for profit competition out of business yet
Government is non profit. It is also one of the most bloated, ineffiecent and self serving industries we have.
How is a non-profit/not-for-profit co-op or organization a business? Why must all commerce be profit driven? Like I said before, libertarians dont believe such a thing as society exists; they see no reason to engage in any activity that does not personally benefit themselves. Ive yet to encounter a libertarian that would engage in any kind of commerce for anything other than personal profit.
And your company's prices would not otherwise be based on how much you'd have to pay in premiums to a for-profit insurance company? Your argument doesn't hold water. You have to pay for whatever insurance you need regardless. The only question is whether or not you are willing to let an insurance company profit in the process.
Are all of these co-ops universally available? There used to be a time when credit unions were not available to the general public. You'd had to meet certain requirements to be accepted for membership. Fortunately the laws have recently been changed and credit unions are pretty much open to everyone. I am a member of a firefighters' credit union, but when I joined I either had to be a firefighter or have a firefighter in my family (which my late uncle was). Now I could join just about any credit union in town.
The reason why things like credit unions have not (yet) driven for-profit banks out of the market is restrictive laws. For-profit entities had a legal advantage that insulated them from competition from non-profits. Insurance is still protected to some extent. By law you cannot own a car in Florida if you don't have a minimum amount of liability insurance- and you cannot be self-insured; you must get insurance from a for-profit insurance company in order for your insurance to be recognized by state law (to my knowledge insurance co-ops don't exist in Florida).
The only thing this proves is that a non-profit should not be too large, lest its management loose sight of the people the non-profit is supposed to serve.
I think we should just let all out free market mele run our system. Military protection should go to the lowest bidder. No Government subsidization of any industry, no public money for roads, schools, infastructure of any kind. No worker protection. Intellectual property rights are for the weak slow and stupid.
Inheratence is easier than working...vote republican
If we left it to libs the top tax rate would be about 90% and the economy would be in the tank
Look at France. It is a perfect model for what libs can do to devestate an economy
How is a non-profit/not-for-profit co-op or organization a business? Why must all commerce be profit driven? Like I said before, libertarians don’t believe such a thing as society exists; they see no reason to engage in any activity that does not personally benefit themselves. I’ve yet to encounter a libertarian that would engage in any kind of commerce for anything other than personal profit.
Are all of these co-ops universally available? There used to be a time when credit unions were not available to the general public. You'd had to meet certain requirements to be accepted for membership. Fortunately the laws have recently been changed and credit unions are pretty much open to everyone. I am a member of a firefighters' credit union, but when I joined I either had to be a firefighter or have a firefighter in my family (which my late uncle was). Now I could join just about any credit union in town.
The reason why things like credit unions have not (yet) driven for-profit banks out of the market is restrictive laws. For-profit entities had a legal advantage that insulated them from competition from non-profits. Insurance is still protected to some extent. By law you cannot own a car in Florida if you don't have a minimum amount of liability insurance- and you cannot be self-insured; you must get insurance from a for-profit insurance company in order for your insurance to be recognized by state law (to my knowledge insurance co-ops don't exist in Florida).
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.
do you not work for profit?
again tell me why i would start a non or not for profit?
Unless you do nothing but volunteer work, you are working for a profit.
If you put money in a bank, do you realize that you are also making a profit?
Here is what libs want from the US government. Be more like France!
CBS Plugs France's 3-Year Paid Maternity Leave, Subsidized Child Care Entitlements
And of course volunteering is anathema to a libertarians.
Not as much as the bank is making off of your money, and if you borrow from that bank you are making even less because the bank will always charge more to loan you its money that it will pay you to loan it your money.
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.
Not necessarily. The more an organization is driven by profit the more efficiently it wants to produce and market its goods and the more likely it is it to misuse natural resources and restrict consumer choice.
Consider industrialized farming. Farmers who care about nothing but profits want crops that can be easily planted, easily cared for in the field, easily harvested and easily shipped long distances to market. Any crop that cannot meet all of these requirements is removed from large scale commercial production. This restricts consumer choice. And in the process these farmers are heavily dependent on large inputs of energy, water, pesticides, herbicides and fertilizers.
And of course volunteering is anathema to a libertarians.