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Date Posted: 03:09:23 05/28/02 Tue
Author: Weird_Enigma
Author Host/IP: 209.252.119.10
Subject: Profit, where does it come from?
In reply to: Weird_Enigma 's message, "Extreme Capitalism" on 03:03:00 05/28/02 Tue

A company is in business is to make a profit. If a company does not make a profit, it can not continue to stay in business.

How would a company make profit if all the companies in the world where united as one company. Where will the profit come from? The company pays its workers and the workers go out and purchase the companies products. The company cannot make a profit because it can only take in what it pays its workers. Cannot all the companies in the world be seen as one big company? And thus if the above saying is true, then where does all the profit come from? How do all these companies stay in business making profits, where does all these profit come from if not the workers that work for these companies?

One could reason that some companies lose profit (they bring in less then what the labor and material cost) thus enabling other companies to make a profit. Thus it will stand to reason that these companies will go out of business. In order for the some companies to continually make a profit a slew of other companies have to continuously go out of business. What tremendous waste of labor and materials this is to continuously create companies by the money from those who made tremendous profits from the companies that made profits. I hypothesize: will there be more to go around for all, if there was not this tremendous waste? But what do I know, maybe I'm not seeing the whole picture, I'm no economist after all.

These brokers and traders who do nothing but buy and sell stock all day sucking millions from the economy, producing nothing. How is this good for everyone for middle man to simply steal money from the hard labor of others, simply because they know who to talk to and know all about finances, regulations and the law and all, are on friendly terms with who has the goods to sell and who needs them?

Productivity is going up and up and up, less and less workers are needed to produce a given amount of goods. While more workers are laid off, more goods pile up in the warehouses because there aren't enough paid workers to buy all of it. If this continues to grow, then only a few will own the production of everything. But then they will only produce just enough for the few to purchase it because everyone else will have no money because they are not producing anything, because everything is controlled by computers and machines, or produced by replicators like on star trek. Thus at some point things must be simply given away, because there will be enough machines, computers and or replicators to produce anything one wants. It’s the transition that is the tough part. protecting society, during the transitional phase, from the rampaging, rioting and looting workless masses. Are there plans in the work concerning this? Or are these plans being hidden from us by the ones cognition of this?

Joe

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Replies:

  • Deregulation/survival of the fittest -- Weird_Enigma, 05:45:08 06/14/02 Fri
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