Economic Profit

Started by Wake-up!, December 11, 2019, 10:08:27 AM

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Wake-up!

"For many people, profit has become a dirty word and as such has generated slogans such as "people before profits." Many believe the pursuit of profits is the source of mankind's troubles. However, it's often the absence of profit motivation that's the true villain. For example, contrast the number of complaints heard about profit-oriented establishments such as computer stores, supermarkets and clothing stores to the complaints that one hears about nonprofit establishments such as the U.S. Post Office, the public education system and departments of motor vehicles. Computer stores, supermarkets and clothing stores face competition and must satisfy customers to earn profits and stay in business. Postal workers, public teachers and department of motor vehicles employees depend on politicians and coercion to get their pay. They stay in business whether customers are satisfied with their services or not.

[Emphasis is from the poster, not the writer.]

Read Walter Williams full article here;  https://www.lewrockwell.com/2019/12/walter-e-williams/morality-of-free-markets/

The Constitution is not an instrument for the government to restrain the people; it is an instrument for the people to restrain the government.

The greatest mistake in American history was letting government educate our children.
- Harry Browne, 1996/2000 Libertarian Party Presidential candidate

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