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Message
re: Fundamentally Speaking, are There Any Industries That Should Be Not For Profit?
Posted on 2/24/19 at 12:53 pm to AggieDub14
Posted on 2/24/19 at 12:53 pm to AggieDub14
quote:You have to be a troll right? This can’t be real.
I never said the government should run them. Just that profits shouldn't be made.
Posted on 2/24/19 at 12:54 pm to AggieDub14
quote:
Healthcare is expensive because of insurance companies
Nope. Try again.
Posted on 2/24/19 at 12:54 pm to AggieDub14
quote:
I'm well aware that's how it works
Clearly you are not:
quote:
You dont understand what not for profit means. They would charge just enough to cover overhead and nothing more. Pay for labor and materials and real estate costs
Posted on 2/24/19 at 12:56 pm to Antonio Moss
Research and Development is an overhead cost. Investing back into the company is research and development.
Posted on 2/24/19 at 12:56 pm to AggieDub14
quote:INVESTORS ARE NOT LABOR YOU frickING MORON.
If you think labor is paid out of profit,
INVESTORS GET PAID WHATEVER IS LEFT AFTER LABOR, MATERIAL COSTS, OVERHEAD, ETC....aka profit.
THAT IS THE ENTIRE POINT OF INVESTMENT IN THE FIRST PLACE YOU RETARD
Posted on 2/24/19 at 12:57 pm to AggieDub14
quote:
Investing back into the company is research and development.
You believe all reinvestment is R&D?
Posted on 2/24/19 at 12:57 pm to AggieDub14
Government, and it needs to be greatly limited without lifetime appointments our career employees. Plus term limits
Posted on 2/24/19 at 12:58 pm to AggieDub14
In what economic context is it smart to eliminate profit motive for rivalrous and excludable goods?
Posted on 2/24/19 at 1:01 pm to AbuTheMonkey
quote:
In what economic context is it smart to eliminate profit motive for rivalrous and excludable goods?
Communism.
Posted on 2/24/19 at 1:01 pm to HailHailtoMichigan!
It should be noted that R&D is driven completely by the desire for a profit. People don’t INVEST in R&D for funnsies. They do it because they want to make money. That’s called human nature and it’s the reason why socialism/Marxism/communism has never and will never work. Those systems attempt to completely deny human nature at its most basic. There’s a reason why nearly every innovation in aerospace/computers/healthcare etc.... has come from the United States or from some other capitalist country. Capitalism USES human nature to grow and progress as opposed to stifling and trying to deny its existence.
Posted on 2/24/19 at 1:03 pm to AggieDub14
Naive ignorance.
There are no non profits. There are simply organizations we do not tax that we call non profit.
Name one---any one organization that does not depend on revenue for it's existence.
There are no non profits. There are simply organizations we do not tax that we call non profit.
Name one---any one organization that does not depend on revenue for it's existence.
Posted on 2/24/19 at 1:04 pm to Antonio Moss
quote:
Private military contractors are still subject to the rules of engagement per their contract.
Sure, but perhaps you didnt know that non military members are not subject to UCMJ? Also that the liklihood of a US attorney prosecuting a foriegn crime is close to nil.
Posted on 2/24/19 at 1:06 pm to NYNolaguy1
quote:
Sure, but perhaps you didnt know that non military members are not subject to UCMJ?
Yes, that is irrelevant. I’m not subject to California law but if I contract to identical terms as California law, then I’m am subject to the contract.
Do you really believe the US government contracts with private defense firms with no agreed upon rules?
(Excluding the CIA of course)
quote:
Also that the liklihood of a US attorney prosecuting a foriegn crime is close to nil.
It would not be prosecution. It’s civil.
This post was edited on 2/24/19 at 1:07 pm
Posted on 2/24/19 at 1:09 pm to AggieDub14
quote:
This is not true. Profit is what the company makes after paying its people. People who work for non profits still draw a salary. Please dont do this BS. I'm asking a serious question here.
And a serious answer is that without a profit motive, costs aren’t driven down and those savings are not passed on to the consumer. Again go to my food example. If Wall Street couldn’t make a profit in agriculture, the cost to produce our food would be drastically higher.
Posted on 2/24/19 at 1:11 pm to Antonio Moss
quote:
It would not be prosecution. It’s civil.
Exactly my point-perhaps we are talking past each other here.
My point is that defense contractors (think Academi, Blackwater, etc) are usually subject to very little criminal liability or accountability. Who would have guessed that could lead to problems?
Posted on 2/24/19 at 1:13 pm to NYNolaguy1
quote:Blackwater lost a billion dollar contract for the actions of their contractors. Basically proving that profit motives leads to a better and less expensive product.
My point is that defense contractors (think Academi, Blackwater, etc) are usually subject to very little criminal liability or accountability. Who would have guessed that could lead to problems?
Posted on 2/24/19 at 1:16 pm to AggieDub14
quote:
You do not understand the difference between Revenue, labor costs, and profit.
You don't understand what a non profit is.
Posted on 2/24/19 at 1:17 pm to AggieDub14
quote:
If you think labor is paid out of profit, you're an idiot. Labor is paid out of revenue.
God you're stupid
Posted on 2/24/19 at 1:18 pm to GeauxxxTigers23
quote:
Blackwater lost a billion dollar contract for the actions of their contractors. Basically proving that profit motives leads to a better and less expensive product.
I think the bigger takeaway here is that very little personal accountability leads to pisspoor performance. BTW Blackwater just changed names and still works with the US govt.
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