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Threads like this always bring out people on HN and elsewhere that simply don't think like business people. You can choose "value" as your strategy and sometim
by larrys 13y ago
Threads like this always bring out people on HN and elsewhere that simply don't think like business people.
You can choose "value" as your strategy and sometimes that can work in your favor. But many times the public is easily duped by your competition and what they have advertised as "value" and it's not that simple.
- Shinkei 13y agoLaughing at 'don't think like business people.' If you believe that the primary goal of business is supposed to be 'make profit at any cost,' then yes, I don't think like those people and you should take some time to re-evaluate the purpose of business. If you believe that the primary goal of business is supposd to be, 'make a product or provide a service that is valuable,' then I think our humane values are in-line with our work. Cases in point: Ponzi schemes, monopolies and cartels, price-fixing schemes, 'pump and dump' securities fraud, insider trading... need I go on? All of these things are illegal in the US--the supposed mecca of free market capitalism. Do you think these should be legal? Or you are simply arguing that everything that is legal is ethical? If you believe that, then I think you put too much faith in our legislature. Edited to remove an inflammatory statement.