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

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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 01:11 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

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  -The middle class NoMoreMyths  Apr-19-06 11:12 AM   #0 
  - The only answer I can muster....  Sammy Pepys   Apr-19-06 11:18 AM   #1 
  - without the middle clas we become Mexico, and I don't want that.  enfield collector   Apr-19-06 11:25 AM   #2 
  - The middle class in America is over  Vinnie From Indy   Apr-19-06 11:31 AM   #3 
  - Watching television the other evening,  RufusEarl   Apr-19-06 11:32 AM   #4 
  - They head for the cities because corporations take over water supplies  Robbien   Apr-19-06 11:37 AM   #5 
  - Good idea...to a point  fiziwig   Apr-19-06 11:52 AM   #6 
  - Very well put, and a good analysis. The "middle class" has been built,  Ron_Green   Apr-19-06 12:05 PM   #9 
  - Just look out for these two...  BiggJawn   Apr-19-06 11:54 AM   #7 
  - It happened in this country many a decade ago.  igil   Apr-19-06 12:59 PM   #11 
  - Is it possible in an economic system where the rules  Jayhawk Lib   Apr-19-06 12:03 PM   #8 
     - Henry Ford  RufusEarl   Apr-19-06 12:47 PM   #10 
     - That was in Henry Ford's day  Jayhawk Lib   Apr-19-06 01:03 PM   #12 
        - I disagree with you about the bottom line!  RufusEarl   Apr-19-06 01:14 PM   #14 
     - Yes, but...  fiziwig   Apr-19-06 01:11 PM   #13 
 

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