re: Fundamentally Speaking, are There Any Industries That Should Be Not For Profit?

Dude....profit is payment to people who allocate resources efficiently

That is the basic economic definition

If an investor buys 1000 logs of wood because he knows the demand for wooden furniture is about to soar, are you seriously arguing he should only get paid exactly what he paid for the logs?

Why would anyone engage in econ activity?

quote:

---

If a defense contractor murders a foriegn civilian on foriegn soil, what American law is he subject to?

---

Contract, you can’t be this dense.

Private military contractors are still subject to the rules of engagement per their contract.

quote:

---

These companies are built on fooling people though. Its disgusting.

---

That is a lie. This conversation disgusts me.

If the majority is ever stupid enough to go along with this shite then the rest of us will get drug along with them just like the people who voted against Chavez in Venezuela in 1998.

quote:

---

Imagine how much better all our lives would be if Millionaires and Billionaires couldn't take advantage of people

---

The Clinton Foundation is a non-profit.

quote:

---

There has to be drivers to push people to be creative and innovate. Very few people like change.

1. I think the Space Program is a little different just because it was such an immature area of interest and people threw ridiculous money at it.

2. I am sure the Space Program has wasted an ungodly amount of money over time similar to the military.

---

It also needs to be noted that almost every innovation actually available to the consumer was brought to market by private companies (often contractors).

quote:

---

Limit salary to 200% of the national average.

---

Why? I am able to keep costs down for pt's and my companies. I am able to give better service and care than large corporate clinics/systems. In return, I make well over 200% of national average for my field. If you cut me to that, I'll be fine. I'll just drop patients and add industry, cosmetics, weight loss, pain management and other non-insurance services. I'll still make bank. Pt's will be fricked.

That sound good? Someone just step in and fill my absence? They hadn't before me. I see no evidence to suggest it would be if I quit. We need less regulation, not more. Need to put more power back in the hands of the providers instead of banning us from owning hospitals, pharmacies, home health etc. The "business people" bring zero to the game except the need for additional salaries not related to care and share holders demanding ever growing profits. Get the government the frick out of healthcare and you'll see it improve. The system is rigged. Unfortunately, it's too convoluted and complex to easily explain. But to simply things...the more hands taking a piece of the pie between you and your provider, the more expensive it's gonna be. Common sense. Streamline it or allow it to be. Administrative costs and drug prices are what's driving up healthcare, not physician reimbursement. And if you think more mid-levels is the answer, why is it that healthcare has gotten even MORE expensive as the number of mid-levels rises, not lower. Why? More people needing to get paid. Billing for visits that used to be a courtesy. It goes on and on.

I would say in general you run the risk of stopping innovation. Innovation could be process technology and not along the lines of what most people think as a computer advancement.

A truly simplified and mature industry may not be a big deal, but also there would need to be discipline to not be wasteful. Most government groups suffer in efficiency since they are not held accountable to anyone such as an investor. A portion of the voting citizens, government investors, are easily corrupted by the more “free stuff” style of buying votes.

If you think labor is paid out of profit, you're an idiot. Labor is paid out of revenue. Profit is what's left over after costs are factored in. This is basic stuff here.

I'm well aware that's how it works

What do you think happens to any surplus left on a balance sheet in a non-profit?