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F.O.A.D. F.O.A.D. is offline
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First recorded activity by BoatBanter: Feb 2013
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Default New Pope Lambasts Greed

On 5/14/13 8:42 AM, Eisboch wrote:


"F.O.A.D." wrote in message
m...




Perhaps we have a language problem here. I don't have the slightest
problem with a for-profit company making a profit. For me, the question
is, what is the percentage of profit and what is being done to maximize
that profit? If workers are being exploited and forced to work in
dangerous conditions, then the maximization of profit is based upon
greed. If the workers are paid a decent wage and can work in relative
safety, then greed may not be a factor.

-----------------------------------------

Thank you. That's a far cry from your normal, all inclusive definition
of corporate greed.
I believe that the vast majority of businesses .... at least in the US
.... fit your re-defined description.



Well, I don't want to start another of Greg's endless threads, but...a
large number of American businesses that "do business" abroad engage in
greed. Recall that the pope's statement was related to the awful
incident in Bangladesh, and the factory that collapsed was a major
supplier of clothing to American corporations, and there is no doubt the
corporations were aware of what the conditions were in that factory.

There also is no shortage of American corporations whose businesses are
mainly based in the states who engage in shady, exploitative labor
practices. In fact, such is the connecting element these days, it seems.