Can the profit motive make everything better that can be made better?
Asked By: roostershine - 11/22/2010
Best Answer - Chosen by Asker
People talk about profit and greed as if they are a bad thing. In truth, they are a good thing -- in moderation. Henry Ford was greedy enough that he combined the technologies of mass production and the automobile. In doing this, he was able to hire more people by producing more of what the people wanted. The... More
Answered By: Doc - 11/22/2010
Additional Answers (5)
No, profits serve no one but the evil ruling class like that tech school educated jerk who owns the restaurant that I work at. I have a liberal arts degree, he should work for me.
Answered By: celtnonse - 11/22/2010
NO. The profit motive is what caused the financial crisis, all the mortgage fraud, its why many employees don't get paid enough... are you serious here? Have you been following what's going on in our country right now? Get informed.
Answered By: Kari - 11/22/2010
Yes! Ron Paul!
Answered By: The Same Thing - 11/22/2010
No, Higher profits cause things to become cheaper and lesser quality.
Answered By: My Business Plan - 11/22/2010
No. The "profit motive" often, if not usually, winds up with manufacturers cutting costs in materials and labor. You wind up with inferior products more often than not, at the very least, NOT the best. The primary reason for the decline of the American automobile manufacturing status.
Answered By: Lone Wolf - 11/22/2010
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