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The overwhelming majority of hospitals are nonprofit. The overwhelming majority of prisons are run by the state. The overwhelming majority of higher education
by dsfyu404ed 4y ago
The overwhelming majority of hospitals are nonprofit.
The overwhelming majority of prisons are run by the state.
The overwhelming majority of higher education is nonprofit.
The Catcholic church circa 1500 was nominally nonprofit.
PE probably does turn everything to shit but acting like not having shareholders or owners who are looking to wring every cent out so they can get the fattest check will solve the problem seems naive at best.
- Pet_Ant 4y agoI think the problem here is that "profit motive" is reduced to capitalism. For politicians profit is votes so under funding hospitals and prisons to spend in high profile pork projects (can even be tax cuts) is still profit motive. It's a rational choice if they think they can get more votes, more bang for their buck, by spending it elsewhere. This isn't traditionally seen as "profit motive", but really it is because it was done for the private benefit instead of over arching ethical deliberations or calculations for net good etc.
- PenguinCoder 4y agoNon profit is a tax designation and that's it. Non profits, especially healthcare, still pay their execs and c suite multiple times *more* than physicians and staff, and cut corners and costs in many areas. Non profit status doesn't mean shit.
- danesparza 4y agoHaving a non-majority of something doesn't make it "not true" or "not matter". Why in the world would you include a statistic about the Catholic church in this conversation? Are you insinuating something? You can do better. You really need to put more context around your last comment. It's confusing at best.