Profit And Loss

Capitalism is about profit. Socialism is about loss. Who do you think will prevail? The losers?


Posted

in

by

Tags:

Comments

7 responses to “Profit And Loss”

  1. captain arizona Avatar
    captain arizona

    [We do not allow that sort of thing here you disgusting creep – THE MANAGEMENT]

  2. captain arizona Avatar
    captain arizona

    Don’t blame for your problem of capitalism being an a moral system!

  3. Simon Avatar

    What is moral about intending to create losses?

  4. Randy Avatar

    Profits and losses are measures of efficiency. Businesses generating profits are operating and employing its resources efficiently, while those operating at a loss are not.

    Governments are inefficient in their allocation and use of resources precisely because they are non-profit entities. There is zero incentive to allocate and use resources efficiently. Political economies (fascism, solialism, communism) waste resources while market economies are much more efficient. Market economies aren’t perfect, but are decidedly less wasteful of resources as compared to government/political economies.

  5. Neil Avatar
    Neil

    Ah, yes. The first refuge of scoundrels. We do not allow.

  6. Simon Avatar

    Neil,

    If you had known what he posted you would know why I don’t allow it. And I’m a fan of free speech. AFAIK that is the first post that has ever been censored here in the 10 years this blog has been running.

    It was despicable. And ugly. And disgusting. And vile.

    BTW Eric agreed.

  7. Jccarlton Avatar
    Jccarlton

    George Gilder on “What Creates Wealth”:
    https://www.youtube.com/watch?v=661TPEvCCTU
    I think that the biggest lie in the 20th Century was that Liberals were for the “people.” How anybody could believe that a bunch of elitist snobs who graduated from Columbia, Harvard or Yale, went over to Germany or Russia, which ever was leading in the new faddish society that works and came back and wrote dreck literature about how evil the middle class was could ever have any knowledge or expertise in the real needs of the country is beyond me. But that’s what the Liberals and Democratic party are supposed to be more sensitive about.