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Or it would kill the businesses operating at the margin of profitability.
by megous 7y ago
Or it would kill the businesses operating at the margin of profitability.
- BlackCherry 7y agoWhich leaves room for a more cost effective business to come in and fill the gap in the market left by the inefficient business' death.
- munk-a 7y agoWhy do business deserve a level of welfare we're not affording to human beings. Let's feed, house, cloth, educate and provide health care for everyone - then we can start looking at saving unprofitable business. The truth is, a lot of business ventures simply aren't profitable. It isn't profitable for me to start a business where I deliver whitecastle to remote areas by flying couriers there with the food - but it could be profitable if enough market changes occurred. As these bloat businesses die off we'll see a shift in the market - either there will be a surplus of employees (that will drive down the cost of employment and enable more bloat businesses) or those employees will find other businesses to work at that can survive in the margins that exist.
- megous 7y agoI guess parent edited the comment. I don't remember responding to whatever is in that comment now. So you're responding out of context, too. Fun.