BoatBanter.com - View Single Post

iBoaterer[_3_]

In article ,
says...

On 5/14/13 8:04 PM, Wayne B wrote:
On Tue, 14 May 2013 09:45:12 -0400, wrote:

On Tue, 14 May 2013 07:43:41 -0400, "F.O.A.D." wrote:

Greed is the driving force in the economy.

Management, labor and the consumer.
Nobody is innocent.

====

No one should be innocent.

The profit motive (call it greed if you must) is the driving force
behind all innovation, all customer service, all product excellence
and all efficient manufacturing. Without the potential for profit
(sometimes *large* profits) there are no incentives for the risks and
hard work of starting or running a business. Anything else is
socialism and we all know how that worked out in the former USSR.

Harry is bitter because success (profit) seems to have escaped him.

There are differences between "profit" and "greed," but apparently these
escape w'hine. And to say profit is the driving force behind "all
innovation" is just plain bull****.

What is that difference and where is the threshold between profit and
greed?