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Reply #2: It's called "capitalism," and it will eat itself alive. [View All]

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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-26-07 07:56 PM
Response to Original message
2. It's called "capitalism," and it will eat itself alive.
If it doesn't eat the rest of us alive first.

Capitalist's, corporations, must return ever-increasing dividends or profits to their shareholders. Period. It's in every corporate charter in one way or another. It's all about "maximizing shareholder value." Profits and earnings from income must always go UP. If they go down, it means the Board of Directors is doing something "wrong." Therefore, we cannot allow the consumer to reduce his use of our product, no matter what the reason...if they do, we'll simply increase the price.

And the beast eats itself.

.
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  -Conserve power, They will just charge more. DiktatrW  Mar-26-07 07:49 PM   #0 
  - The corporate person. No responsibility other than to the bottom line.  BushDespiser12   Mar-26-07 07:51 PM   #1 
  - Yank the damn charters.  DiktatrW   Mar-26-07 08:09 PM   #6 
  - It's called "capitalism," and it will eat itself alive.  Atman   Mar-26-07 07:56 PM   #2 
  - I call it  DiktatrW   Mar-26-07 08:03 PM   #4 
  - Pretty much the Achilles' heel of capitalism in a nutshell.  Kutjara   Mar-26-07 08:02 PM   #3 
  - The elephant in the room  DiktatrW   Mar-26-07 08:08 PM   #5 
  - I can see one possible rational reason for this  The Straight Story   Mar-26-07 08:17 PM   #7 
     - I am assuming here  DiktatrW   Mar-26-07 09:10 PM   #8 
        - Well, I did say 'possible' :)  The Straight Story   Mar-26-07 09:25 PM   #9 
           - Sorry Straight.  DiktatrW   Mar-27-07 08:04 PM   #10 
 

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