You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #13: Yes, but... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-19-06 02:11 PM
Response to Reply #8
13. Yes, but...
A person goes into business to make a profit. Very often, however, that person also goes into business doing something he or she loves to do, and most such business owners would be satisfied with a modest profit and a good standard of living. I know that I am in business for myself for the love of the owrk, and to provide a living wage for myself, and nothing more.

Enter the investor class. While they provide the start-up capital, they expect to be repaid for that "loan" in perpetuity. The pressure placed on the business owners, who have in fact sold their business to the investors, demands that the business not only profit, but that its profits continue to grow indefinately, often resulting in laying off workers and crippling the business long-term for the sake of THIS quarter's bottom line. See my little blog piece "The Dark Side of Capitalism for a sample scenario: http://speakoutusa.com/articles/art3.php

Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC