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A for-profit company will drive profits for stockholders (and not necessarily the community or customers) which will also drive competition. Sure, it creates jo
by kovek 7y ago
A for-profit company will drive profits for stockholders (and not necessarily the community or customers) which will also drive competition. Sure, it creates jobs but that’s not a for-profit company’s goal. I guess it is difficult to compete given laws and/or regulations, so running a new such company for-profit would be too difficult?
- tathougies 7y ago> Sure, it creates jobs but that’s not a for-profit company’s goal Well, of course. Giving away unlimited supplies of money without earning it is a privilege only the federal government has. Non-profit companies also cannot create money out of thin air. While non-profits can endeavor to create jobs as their primary mission, I have yet to see a non-profit that can actually create a job without first earning the money itself, whether through actually doing something or working to fundraise. > I guess it is difficult to compete given laws and/or regulations, so running a new such company for-profit would be too difficult? It doesn't even need to be for-profit. I suppose I should have clarified. It could be non-profit too. It's the all-volunteerness that I object to. The sorts of things done by volunteers here are actually jobs, that should be compensated. The receivers of the internet ought to be okay paying for it to pay for these people's livelihoods.
- untog 7y ago> The receivers of the internet ought to be okay paying for it They do pay for it. But there are not currently enough subscribers to make hiring someone worthwhile or affordable. Hopefully that will change in time.