Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Saturday, December 28, 2013

Is it Profit, or Greed?

I can only shake my head at some of the things I read in today’s instant communication world.  The beautiful thing about this world is we don’t need to spend much time in contemplation, for if we do, the thing we may be contemplating has been replaced by three or four newer controversies.
For example, the issue with that show on A&E… you know, the one about the global duck-call industry?  As this plays itself out, it seems everyone gets to be indignant.  The company, as well as a restaurant chain, made a hasty decision to punish one of the cast members for something he said in an interview, that apparently upset the decision makers at the two companies so they took immediate, and perhaps not well reasoned, action. 
First the right was upset and raised their voices in defense of this individual for his right to speak his mind, or to question the two companies motives.  When the companies realized their potential profits were at risk, both have reversed their initial positions.

Now the left is upset, and are voicing their outrage over the sell out of the television channel to corporate greed.  So I have to wonder, when a company makes a business decision, realizes it will affect its bottom line and perhaps lead to loss of profit, and then reverses its decision -- is it always considered greed?  How about when a non-profit organization makes a choice, realizes its income is negatively affected and reverses itself?  Is that greed too?

Wednesday, January 9, 2013

Al Gore

I have to tip my hat to Al Gore, at the end of the day he has proven to be a true Capitalist, and has shown that Milton Freedman's views of the capitalist system are fundamentally sound.

In true free market fashion, Al and his partners created a product and then found someone to buy it, making for themselves a handsome profit.  He even went so far in his embrace of the system  to try and expedite the sale so he wouldn't suffer the tax penalties that came with the arrival of the new year.

The unfortunate part of this American riches to riches story is that he had convinced so many people into believing he wasn't what he really was.  He had played his supporters into believing he stood for the environment, the redistribution of wealth, and the unions.  His passion to fight against those nasty oil barons and sheiks, and the politicians that supported them, was for the good of the world.  As it turns out his complaints about George Bush and Dick Chaney, and their ties to the oil companies, wasn't so much a political difference as it was envy.

So again, I say to Mr. Gore, congratulations on being a Capitalist, albeit one that is more than happy to bite the hand that feeds you.


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