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re: Why does the word "profit" have a negative connotation?
Posted on 8/18/14 at 8:01 am to SmackoverHawg
Posted on 8/18/14 at 8:01 am to SmackoverHawg
If profit is made off exploitation, then problems occur. Profit earned through hard work is fine. Rip off profits that exploit (gouging) is the area of concern. people before profits
Posted on 8/18/14 at 8:02 am to JEAUXBLEAUX
quote:
If profit is made off exploitation
what is "exploitation"?
i will bet that if you reduce your argument down, any adjustment in supply/price to cater to a new group's demand will fit in
Posted on 8/18/14 at 8:16 am to JEAUXBLEAUX
quote:
If profit is made off exploitation, then problems occur. Profit earned through hard work is fine. Rip off profits that exploit (gouging) is the area of concern. people before profits
Well then it becomes very subjective, which is the crux of the issue.
For instance, Wal-Mart is the beacon of for-profit evil according to many. Those evil Waltons are raking in billions while they destroy mom and pop shops and force their employees to take on gov't assistance by paying peanuts.
I could make an opposite argument noting that they are the largest employer in the U.S., not to mention similar jobs in smaller establishments would pay about the same, and they provide overall cheaper goods to these same people. Wal Mart is actually the beacon of for-profit GOOD!
If Wal-Mart had no desire to seek a profit, they wouldn't be the largest provider of cheap goods in the country, thus many families would have to pay higher prices.
So which is it?
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