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> Doesn't that assume that profit maximization is the ultimate and only goal of every restaurant owner? It is. Every single restaurant owner wants to make the

> Doesn't that assume that profit maximization is the ultimate and only goal of every restaurant owner? It is. Every single restaurant owner wants to make the maximum amount of money. That's why they open restaurants and don't go to community centers to feed less fortunate for free ( or for price below the cost ) > Perhaps it is, I'm not familiar with San Francisco restaurants. But some might simply enjoy being able to offer excellent food at a comparatively low price simply because all their business, personal, and employee needs are met and rising prices could be detrimental to that balance. For example, if you enjoy seeing low-income families from your local neighbourhood eat at your place because you are affordable (not to mention healthy and delicious), then raising prices would drive them out, and you might be sad and disappointed, for whatever personal reason (i.e., your personal needs are no longer being met as neatly as before). In that case they have a hobby they can practice in community centers and dare I say churches.

toomanybeersies 9y ago
No it's not. My old boss used to own 2 restaurants/cafes, and ended up selling one, even though it was profitable, so that he could go back to basics and run just one restaurant, and being able to run things at ground level. If you've ever worked in hospitality, you'd find that a lot of owners, especially chefs who own their own restaurant, aren't in it for the money. They treat it as an art. It would be preposterous to say that every artist wants the maximum amount of money. It's not always about the money.
- notyourday 9y ago
  Your old boss charged as much as he could have possibly charged in the place where he was ( restaurants are local: in a locality where there are more than a few customers dont travel to a restaurant. They do in places like Maine where there are so few restaurants that people drive for forty minutes one way to get to one ) , which is why he was successful. If one is doing it for "the love of people" and love of craft he or she has a minimum incremental cost place to do it : community centers and church kitchens.
  - theoh 9y ago
    It's hard to believe that you really think that the two dichotomous possibilities are a) the bottom line is absolutely the most important thing or b) the motivation is charity, to hell with quality or creating a nice, personally expressive environment.
    - notyourday 9y ago
      The boss does not operate a one man shop. The boss has employees. Employees want more money year after year after year. So what's more likely: the boss is the only person who does not want more money and everyone one else does or the boss does everything he can maximizing his take home?
      - cyberpunk0 9y ago
        Your blinded by capitalism. Get out more, there's more to life than money. So sad seeing so many people like you today, if you ever lost your life savings you'd probably sooner have a mental break and commit suicide than see the world which you've ignored in favor of scapes of paper and an imaginary system of bean counting.
        notyourday 9y ago
        > Your blinded by capitalism. Fascinatingly, I do not find that acknowledging that water is H2O to be blidning. > Get out more, there's more to life than money. So sad seeing so many people like you today, if you ever lost your life savings you'd probably sooner have a mental break and commit suicide than see the world which you've ignored in favor of scapes of paper and an imaginary system of bean counting. Money is a proxy for absolutely everything. As someone who grew up and used to be unimaginably poor I'm rather sure that I can survive with very little. I will, however, do my best to avoid it.

toomanybeersies 9y ago

No it's not. My old boss used to own 2 restaurants/cafes, and ended up selling one, even though it was profitable, so that he could go back to basics and run just one restaurant, and being able to run things at ground level. If you've ever worked in hospitality, you'd find that a lot of owners, especially chefs who own their own restaurant, aren't in it for the money. They treat it as an art. It would be preposterous to say that every artist wants the maximum amount of money. It's not always about the money.

notyourday 9y ago
Your old boss charged as much as he could have possibly charged in the place where he was ( restaurants are local: in a locality where there are more than a few customers dont travel to a restaurant. They do in places like Maine where there are so few restaurants that people drive for forty minutes one way to get to one ) , which is why he was successful. If one is doing it for "the love of people" and love of craft he or she has a minimum incremental cost place to do it : community centers and church kitchens.
- theoh 9y ago
  It's hard to believe that you really think that the two dichotomous possibilities are a) the bottom line is absolutely the most important thing or b) the motivation is charity, to hell with quality or creating a nice, personally expressive environment.
  - notyourday 9y ago
    The boss does not operate a one man shop. The boss has employees. Employees want more money year after year after year. So what's more likely: the boss is the only person who does not want more money and everyone one else does or the boss does everything he can maximizing his take home?
    - cyberpunk0 9y ago
      Your blinded by capitalism. Get out more, there's more to life than money. So sad seeing so many people like you today, if you ever lost your life savings you'd probably sooner have a mental break and commit suicide than see the world which you've ignored in favor of scapes of paper and an imaginary system of bean counting.
      - notyourday 9y ago
        > Your blinded by capitalism. Fascinatingly, I do not find that acknowledging that water is H2O to be blidning. > Get out more, there's more to life than money. So sad seeing so many people like you today, if you ever lost your life savings you'd probably sooner have a mental break and commit suicide than see the world which you've ignored in favor of scapes of paper and an imaginary system of bean counting. Money is a proxy for absolutely everything. As someone who grew up and used to be unimaginably poor I'm rather sure that I can survive with very little. I will, however, do my best to avoid it.