The market place always seeks to maximize profit. The unintended consequences of this law have not even begun to reveal themselves. As with most government programs...the end result is usually worse than before implementation.
The profit motive drives innovation, creativity, efficiency, and any number of other greatly helpful attributes that simply cannot be fostered nearly as well any other way. That is the beauty of capitalism, it accepts the fact that greed is a human trait, and harnesses that trait for the good of all people.
Socialism or communism or fascism rely on the false assumption that greed can be eliminated. They might--and the operative word is might--work in the absence of greed. But greed is never absent, so they never work.
Would you rather have a system that accepts basic human nature and uses it to advantage, or a system that assumes that basic human nature is different from what experience says that it is and must be?
(10-13-2012 10:16 AM)Owl 69/70/75 Wrote: There is absolutely nothing wrong with profits.
The profit motive drives innovation, creativity, efficiency, and any number of other greatly helpful attributes that simply cannot be fostered nearly as well any other way. That is the beauty of capitalism, it accepts the fact that greed is a human trait, and harnesses that trait for the good of all people.
Socialism or communism or fascism rely on the false assumption that greed can be eliminated. They might--and the operative word is might--work in the absence of greed. But greed is never absent, so they never work.
Would you rather have a system that accepts basic human nature and uses it to advantage, or a system that assumes that basic human nature is different from what experience says that it is and must be?
The market place does not drive greed. Greed is there whether there is a market place or not.
What the market place does is to provide a mechanism for harnessing greed for the benefit of all. Yes, all. The "rich" do better, the poor do better, the middle class do better.
(This post was last modified: 10-13-2012 10:24 AM by Owl 69/70/75.)
(10-13-2012 10:23 AM)Owl 69/70/75 Wrote: The market place does not drive greed. Greed is there whether there is a market place or not.
What the market place does is to provide a mechanism for harnessing greed for the benefit of all. Yes, all. The "rich" do better, the poor do better, the middle class do better.
Yes...Never mind the overwhelming historical facts backing this up.
(10-13-2012 10:23 AM)Owl 69/70/75 Wrote: The market place does not drive greed. Greed is there whether there is a market place or not.
What the market place does is to provide a mechanism for harnessing greed for the benefit of all. Yes, all. The "rich" do better, the poor do better, the middle class do better.
Yes...Never mind the overwhelming historical facts backing this up.
(10-13-2012 10:02 AM)Fo Shizzle Wrote: The market place always seeks to maximize greed.
FIFY
Btw, I believe this is what Owl numbers was responding to. I incorrectly edited 'Fo's post so I re-wrote it here corretly.
You embrace greed. You just do so as a hypocrite.
Keep on believing that.
Rob, idn't it greed when people line up for a an Obamaphone, or when they vote for someone becaue they think they won;t havet o pay for gas or their mortgage? Or how about someone wanting the government to pay for thier birth control.
Greed = wanting.
Capitalism = working to get it.
Liberalism = mental disorder.
(10-13-2012 10:16 AM)Owl 69/70/75 Wrote: There is absolutely nothing wrong with profits.
The profit motive drives innovation, creativity, efficiency, and any number of other greatly helpful attributes that simply cannot be fostered nearly as well any other way. That is the beauty of capitalism, it accepts the fact that greed is a human trait, and harnesses that trait for the good of all people.
Socialism or communism or fascism rely on the false assumption that greed can be eliminated. They might--and the operative word is might--work in the absence of greed. But greed is never absent, so they never work.
Would you rather have a system that accepts basic human nature and uses it to advantage, or a system that assumes that basic human nature is different from what experience says that it is and must be?
This video explains the differences of what you stated above.
(10-13-2012 04:42 PM)Smaug Wrote: Why is it greed to want to keep what I earned, and not greed for someone else who didn't earn it to take it from me?
Greed is one of those broad terms that means wanting more than that which is necessary. To most it means earning millions of dollars a year by swindling, scheming, and using dirty tactics at the expense of others to accumulate your wealth. To this administration greed means thinking that I deserve to determine how I spend every extra dollar I earn over the poverty line rather than them do it for me. Slight difference in interpretation, really.
Keep on believing that.
