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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (32418)2/15/2011 8:39:03 AM
From: Cogito Ergo Sum  Respond to of 36917
 
Obscene profits are OK as long as we don't bail out obscene losses :O)



To: Maurice Winn who wrote (32418)2/15/2011 3:47:15 PM
From: Jacques Chitte  Read Replies (1) | Respond to of 36917
 
Not enough profits and the enterprise fails. Too high a profit and competitors will move in, eventually also where the barrier to entry is high. Profiteering is killing the goose. I think cashing in the golden eggs is a better strategy. Of course there is much variation in the bestiary of business. At one end of the profit spectrum we find Wal-Mart. At the other, perhaps De Beers.

The customer will insulate if he is an owner. I am not sure what percentage of the population lives in rented housing, but in that situation there is a disconnect between owner and customer. The house in which I am living right now is uninsulated. The owner and the landlording agency approach the situation with a certain refined apathy. That often has me choosing frugality over comfort.