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#3
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On Sat, 27 Nov 2010 19:52:37 -0500, Wayne.B
wrote: On Sat, 27 Nov 2010 16:10:26 -0800, wrote: Corporations have a fiduciary responsiblity to their stock holders to try and achieve profits. That is why they are in business. To suggest that government should force corporations to develop and produce a product without a profit motive is totally unrealistic. PS, this discussion should be taken offline before it turns political. Huh? You never heard of the gov't requiring car manufacturers to produce things like tanks, bombers, etc? No. http://www.allpar.com/history/military/preparing.html http://www.highbeam.com/doc/1G2-3428500013.html You think this was done without gov't incentive? Again, why should a profit motive drive what's needed for people's health and welfare? You don't need to explain basic business concepts to me, as I probably have a better education on the subject than most here. If you want a corporation involved, there has to be a profit motive. Why? There are lots of non-profits in the US. PS, stop being the newsgroup policeman. Greg and I are having a pleasant conversation that will only get mishandled by those who have that motivation. I don't view myself in that role at all but I do have a long history here, and have a very good idea how these discussions get out of control and attract a lot of overheated emotional content. Out of consideration for others, please find another venue where this discussion would be more appropriate. Yet you keep insisting that we shut up when there's no "emotional" content expressed or implied. Perhaps you're reading in more than is there. I don't see anyone else (except maybe spoofers) complaining. |
#4
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On Sun, 28 Nov 2010 01:16:14 -0500, wrote:
On Sat, 27 Nov 2010 21:25:39 -0800, wrote: On Sat, 27 Nov 2010 19:52:37 -0500, Wayne.B wrote: On Sat, 27 Nov 2010 16:10:26 -0800, wrote: Corporations have a fiduciary responsiblity to their stock holders to try and achieve profits. That is why they are in business. To suggest that government should force corporations to develop and produce a product without a profit motive is totally unrealistic. PS, this discussion should be taken offline before it turns political. Huh? You never heard of the gov't requiring car manufacturers to produce things like tanks, bombers, etc? No. http://www.allpar.com/history/military/preparing.html http://www.highbeam.com/doc/1G2-3428500013.html You think this was done without gov't incentive? Do you think there was no profit motive? "Chrysler would get a 4% commission for building the factory and another 4% for building tanks." Do you think they could have done better if the economy was better? As I said, the gov't gave them financial incentives. Again, why should a profit motive drive what's needed for people's health and welfare? You don't need to explain basic business concepts to me, as I probably have a better education on the subject than most here. If you want a corporation involved, there has to be a profit motive. Why? There are lots of non-profits in the US. None of them are producing much innovation. Producing much innovation? You mean innovating. See the Drucker Institute for how non-profits innovate. If you're talking about product innovation, I don't think you want to use a US car company as an example. ![]() |
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