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> private business, whose mission is to serve only itself Any private business's primary mission is to serve its customers - in order to even exist.
by nickpp 2y ago
> private business, whose mission is to serve only itself
Any private business's primary mission is to serve its customers - in order to even exist.
- mmooss 2y agoBy theory and - especially these days - by practice, private business is there to enrich its owners. One way it does that is to serve customers, another is to manipulate, cheat, and squeeze them of every dime the business can get, and then drop them for higher-margin customers. Just look at modern business.
- nickpp 2y ago> private business is there to enrich its owners The value captured by the owners is a tiny slice of the value provided to the society. For example, the value I get from my iPhone is much much greater than the money I pay for it - it's just logical, I simply wouldn't buy it otherwise. And the value received by the owners is the well deserved reward for creating the business - a very hard and low chance of success endeavor - but essential to our society. Everything in my life is created by private businesses: from the clothes on my back, the food I eat, the car I drive, the house I live in to the computer I earn my living and write this on. I lived in a society without private businesses, under communism, and everybody was cold and starving.
- panick21_ 2y agoManipulate, cheat and squeeze them for every dime is literally why SLS exists. Please for the love of good do some research on the topic.