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The points you make are correct but have nothing whatsoever to do with greed. As in, a board meeting where everyone sits around the table rubbing their palms p
by rebootthesystem 12y ago
The points you make are correct but have nothing whatsoever to do with greed. As in, a board meeting where everyone sits around the table rubbing their palms proposing to squeeze more money out of the poor bastards.
That is what I object to. This brainwashing of the American public to create this image that busimesses are driven by not much more than greed. Almost like it's a bunch of pirates out to fleece everyone.
Why does it bother me? Because it drives an ideology that is actively damaging our country. It drives political rethoric used to push nonsense like $15 per hour minimum wage and absolutely insane union rules and compensation packages. It is a destructive ideology that does not promote cooperation between management and labor or government and businesses. It assumes the guys at the top are all crooks, which starts of the conversation from an entirely distorted perpective.
I remember congressional hearing of the top three automakers where an ignorant-as-fuck congressman was pounding Ford to promise not to buy foreign-made fasteners "to try to make more money". This, completely ignoring the fact that we don't make shit in this county any more and a lot of the shit we do make is grotesquely overpriced either because it is made for gov/mil applications or because our regulatory and labor framework (or both) simply make doing business far more costly. And so, this highly refined moron of a congressman was focusing on a "greed" angle -because it plays well to his base to promote the idea that all businesses are greedy bastards- rather than understanding that cost optimization is pretty much forced upon you in the context of a global economy.
In terms of monopolies, we have laws for that. Bad players ought to be dealt with accordingly. Let's not promote the idea that all businesses are greedy because of the few that might misbehave.
Business is hard. I've been at it for over 35 years. I've had some monumental failures and notable successes. Those who might point my way and call me greedy never sat with me in a dark garage or office 16 hours per day woking hard to make the thing go.
Yes, I am passionate about this because I hate the mentality being promoted in our country. We are destroying ourselves fromthe inside out. Instead of creating a society where rabid entrepreneurship is actively promoted and supported we are brainwashing people with an anti-business mentality that will eventually implode us. Sad.
- vdaniuk 12y agoI was writing a really long, researched comment with citations about income disparity, labor regulations(vacations, compensation, etc), comparisons with other first world countries and then just deleted all of that. There is no way I'll be able to change your mind. "Free market" capitalism in US is a religion at this point and arguing with its proponents, you certainly among them, is an exercise in futility.
- rebootthesystem 12y agoI would think few are delusional enough to think that true free market capitalism exists in the US. I am certainly not one of those people. The use of "free market" in my case is just a term of trade to mean a "mostly free market with lots of caveats". That said, no need to waste your time with a long reply. I really don't think it is worth anyone's while to engage in a typical HN battle of minutiae. You know: What is the meaning of "is" type discussions. My only point is that businesses are not driven or managed by greed. That is very, very rare. As an entrepreneur yourself I would hope you can agree with this simple statement without looking for corner cases that could support a 300 comment thread.