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 #73: You are asking the wrong question. The real question to ask is what should be the rules for... [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 (1/22-2007 thru 12/14/2010) Donate to DU
AdHocSolver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 02:26 AM
Response to Original message
73. You are asking the wrong question. The real question to ask is what should be the rules for...
doing business in a fair and reasonable way.

To use the sports analogy, there are rules for playing a game, such as baseball, and there are umpires and referees to watch the game and ensure that the rules are being followed, and that no one is breaking the rules (cheating). The referees mediate when there is a conflict about a play, and the referee or umpire has the final say. No one limits how many points a team can earn. The only limit is that enforced by the teams having to play by the rules.

In the same way, there is no need, nor is it desirable, to decide ahead of time how much profit is "fair". We only need to establish rules of "fair play" and see to it that they are enforced.

The capitalists / corporations have succeeded in turning the planet into a cesspool of pollution, and the U.S. into a country of economic extremes and corruption, by distorting or eliminating the rules, for example environmental protection laws, to increase their profits. The deregulation brought about by corrupting the government, which is supposed to serve as referee, is the cause of our problems.

Deregulation of the media, one-sided trade agreements such as NAFTA, WTO, etc., absurdly applied patent laws, a hodge-podge of health insurance schemes and ripoffs, prevention of mass transit development, privatization schemes of what should be government run social welfare programs, government regulatory agencies headed by corporate executives of the companies that they are supposed to regulate, etc., etc. These are the rules that have been broken and that have brought this country the misery it faces.

Reinstate the umpires and referees, reimpose the rules of fair "economic" play, and bring transparency to government operations and the appropriate "profit margins" will take care of themselves.

Printer Friendly | Permalink |  | Top
 
  -How Much Profit Is Too Much Profit? Rage for Order  May-01-08 08:17 PM   #0 
  - A company's profit on necessary items should never bring the customer to their knees n/t  Horse with no Name   May-01-08 08:23 PM   #1 
  - Nor their rank and file employees.  Gormy Cuss   May-01-08 08:29 PM   #4 
  - Excellent question!  NanceGreggs   May-01-08 08:26 PM   #2 
  - It's More How The Profits Are Made  KharmaTrain   May-01-08 09:24 PM   #13 
  - i say you are completely uninformed  pitohui   May-01-08 08:27 PM   #3 
  - I'm not quite as uninformed as you may think  Rage for Order   May-01-08 08:39 PM   #5 
  - Deleted message  Name removed   May-01-08 08:56 PM   #6 
  - I'm stupid about this -- what is corporate profit?  djohnson   May-01-08 09:04 PM   #7 
  - Corporate profit...  Rage for Order   May-01-08 09:14 PM   #9 
     - I guess it depends on inflation then...  djohnson   May-01-08 09:35 PM   #15 
     - You're describing Net Profit  Phx_Dem   May-02-08 10:40 AM   #27 
     - The poster asked me what corporate profit is  Rage for Order   May-02-08 09:06 PM   #35 
     - So what are reasonable expenses?  spinbaby   May-03-08 12:54 PM   #66 
  - get for a point of interest  thebighart   May-01-08 09:06 PM   #8 
  - I think  undergroundpanther   May-01-08 09:16 PM   #10 
  - So if you buy a car for a certain price....  BigDaddy44   May-02-08 09:58 AM   #23 
  - It's ethically corrupting  undergroundpanther   May-02-08 12:14 PM   #28 
     - So why would anyone make or do anything?  BigDaddy44   May-02-08 01:16 PM   #31 
        - I don't get paid for it  undergroundpanther   May-02-08 07:45 PM   #34 
        - false  Two Americas   May-03-08 01:21 AM   #53 
           - You are absolutly right two americas  undergroundpanther   May-03-08 02:46 PM   #67 
  - well, thats...... interesting.  quantessd   May-03-08 02:44 AM   #63 
  - Look at Exxon's report  ben_meyers   May-01-08 09:17 PM   #11 
  - I do think it's reasonable  Rage for Order   May-01-08 09:21 PM   #12 
  - The problem with all of this  nichomachus   May-01-08 09:31 PM   #14 
  - Is this the story you're referring to?  Rage for Order   May-01-08 10:26 PM   #16 
     - No -- that's a new one. They've found another way to screw taxpayers  nichomachus   May-02-08 08:50 AM   #19 
        - If following the law = screwing the taxpayers...  Rage for Order   May-02-08 09:08 PM   #36 
  - I think a more pertinent question would be, which products and services are essential  greyhound1966   May-01-08 10:48 PM   #17 
  - No such thing as too greedy  taught_me_patience   May-02-08 02:36 AM   #18 
  - The planet thinks otherwise hun,  undergroundpanther   May-02-08 12:17 PM   #29 
  - I disagree  Rage for Order   May-02-08 09:13 PM   #37 
  - The essence of unregulated Capitalism.  quantessd   May-03-08 12:46 AM   #44 
  - Depends on what you are selling..  DadOf2LittleAngels   May-02-08 08:57 AM   #20 
  - it's not just that investors demand profit- they demand MORE profit every year...  QuestionAll   May-02-08 09:04 AM   #21 
  - The answer to the question  melm00se   May-02-08 09:49 AM   #22 
  - That sounds smart, like a good business model.  quantessd   May-03-08 02:33 AM   #62 
  - I like the "winfall profit tax" idea. Any profits over a certain amount  napi21   May-02-08 10:05 AM   #24 
  - Better question is how much the tax rate should be. Are Corporations getting a better deal  L. Coyote   May-02-08 10:16 AM   #25 
  - LOL. You have to ask?  quantessd   May-03-08 02:11 AM   #60 
  - When the profits become a threat to the economy, are at the expense of  alfredo   May-02-08 10:34 AM   #26 
  - yep.  undergroundpanther   May-02-08 12:18 PM   #30 
     - If you like unrestrained capitalism, you will love the pea soup air of China  alfredo   May-02-08 02:55 PM   #32 
        - don't forget the rivers so toxic they are on fire...  undergroundpanther   May-02-08 07:37 PM   #33 
           - Something as unimportant as football has rules.  alfredo   May-02-08 10:41 PM   #38 
              - that is why  undergroundpanther   May-03-08 12:08 AM   #39 
              - Hard time. Federal prisons, no parole.  alfredo   May-03-08 12:16 AM   #40 
                 - why should decent people  undergroundpanther   May-03-08 03:06 PM   #68 
                    - At least in prison their ability to hurt others is greatly diminished.  alfredo   May-03-08 03:48 PM   #70 
              - so, do these football rules restrict how many points a team can score?  CasualWatcher9   May-03-08 12:44 AM   #43 
                 - among other things  Batgirl   May-03-08 12:53 AM   #45 
                 - help me. i don't see it from your vague reference... n/t.  CasualWatcher9   May-03-08 12:57 AM   #46 
                    - it's apparent from reading the many rules of football  Batgirl   May-03-08 12:59 AM   #47 
                       - I suspect however that given the quickness of your second question  Batgirl   May-03-08 01:02 AM   #48 
                       - um, no...  CasualWatcher9   May-03-08 01:06 AM   #49 
                          - well, I would have to disagree with you on that one  Batgirl   May-03-08 01:10 AM   #50 
                             - wow. earth to batgirl, i was asking a legitimate question...  CasualWatcher9   May-03-08 01:24 AM   #55 
                                - I like how you do that "small words/simple sentences" thing  Batgirl   May-03-08 01:33 AM   #56 
                                - ok...  CasualWatcher9   May-03-08 01:44 AM   #58 
                                   - key phrase: "within the rules". rules limit possible tactics.  Hannah Bell   May-03-08 02:31 AM   #61 
                                - Yes, they do restrict. They don't ESTABLISH a FIXED limit, but their effect is definitely  bean fidhleir   May-04-08 05:01 AM   #74 
                 - No, but there is a limit to the number of players on each team, and  alfredo   May-03-08 12:47 PM   #65 
  - no matter how much it can always be more  Batgirl   May-03-08 12:33 AM   #41 
  - Before I read any of the other responses, I will say this:  quantessd   May-03-08 12:36 AM   #42 
  - Deleted message  Name removed   May-03-08 01:13 AM   #51 
  - I think it's okay to make a profit from one's efforts  Batgirl   May-03-08 01:17 AM   #52 
  - Our modern conception of "corporate profit"  tsdraegeth   May-03-08 01:24 AM   #54 
     - Self-delete  quantessd   May-03-08 01:58 AM   #59 
  - Your post makes me feel like I was punched in the gut.  quantessd   May-03-08 01:37 AM   #57 
  - shouldn't you know what profit is before you decide how much  Hannah Bell   May-03-08 02:45 AM   #64 
  - Profit is stealing  undergroundpanther   May-03-08 03:12 PM   #69 
  - Progressive taxation is fine by me, but But removing all incentive is just dumb.  BlooInBloo   May-03-08 03:50 PM   #71 
  - who said anything about removing all incentive?  Hannah Bell   May-04-08 01:05 AM   #72 
  - You are asking the wrong question. The real question to ask is what should be the rules for...  AdHocSolver   May-04-08 02:26 AM   #73 
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) 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