The Profit Motive Is Not Your Friend

May 14th, 2012at 07:51am Posted by Eli

Despite what conservatives would have you believe, unfettered capitalism is not actually a force for good.  The profit motive, at its core, is all about charging the highest possible prices you can get away with, at the lowest possible cost.  Which is an open invitation to cheating, corruption, price gouging, union-busting, and shoddy (if not downright dangerous) goods and services.

True, some companies have consciences or strive to differentiate themselves with quality service, but the free market does not guarantee either, and such companies are the exception rather than the norm.

Entry Filed under: Corruption/Cronyism,Economy,Politics,Republicans,Wankers


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