SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: GUNSNGOLD who wrote (205268)12/30/2017 2:15:16 PM
From: TideGlider  Read Replies (1) | Respond to of 224717
 
Excellent post!



To: GUNSNGOLD who wrote (205268)12/30/2017 11:47:57 PM
From: Paul V.  Read Replies (1) | Respond to of 224717
 
Gunsngold, Recognizing that material, location, labor cost, shipping, marketing (4 P's), etc. make the major selling cost of products. Naturally, competition added to the equation along with the amount of profit for the stock holders to be made.

My question: When does profit percent for the corporations and stockholders become greed when the needs of the economic disadvantaged do not have the resources to sustain life. It appears that during my wife and my traveling that there are more homeless individuals on the street.

St. Louis, per percentage of crimes committed per 100,000 exceeds Chicago from what I have heard. I just travel on the metro link in St. Louis where to individuals were trying to sell "handheld shaving kits," and another was trying to sell his body to passengers. This could be due to mental difficulties, or just sustaining a persons lifehood, or homeless-I do not know? What I do know the individuals, IMO, will do what is necessary to sustain the life of their family. Therefore, are we many stockholders taking advantaged of the lessor economic disadvantaged or we will to give up some of our profits for the economic disadvantaged. That is why I pose the question, "who is our neighbor?" Are we to love our neighbor as ourself? Is, should, our morale responsibility, our focus be, on making excessive profit at the expense the economic disadvantaged?

Please advise?

I have just accumulated the data of the City where I live. The majority of the crimes were committed in the affluent areas of the community. When I inquired about the situation I was told that individuals committing crimes go to where the money is at to commit the crimes, not at the economic disadvantage areas of the City.
This data was a surprise to many of the leaders of our City.



To: GUNSNGOLD who wrote (205268)1/16/2018 11:44:14 AM
From: TimF  Read Replies (1) | Respond to of 224717
 
What does Love thy neighbor as yourself have to do with the banking crisis?

That connection seems rather odd to me as well.

1. The repeal of Glass-Stegal is the reason for the banking crisis.

That's rather questionable.

See

Clear as Glass (Steagall)
theatlantic.com

Also
theatlantic.com

Also less directly relevant
theatlantic.com

Profits don't come from "greed" (again an opinion)

Depends on precisely how you define greed. If you define it broadly then profts are more connected to greed, but greed isn't always bad. It can then be that "greed is good". If however you define greed narrowly, covering only illicit or seriously negative ways that the drive for income/wealth/gain/profit can express itself then your statement is correct.