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After scientists and engineers uncover new knowledge, it is the task of the businessman to determine how to use that knowledge. Rational thinking is the cause of wealth production. The businessman searches for opportunities and combines land, labor, and capital to create wealth. The market creates benefits in the form of new and better products and lower prices. A businessman benefits only by offering goods and services that others are willing to buy. If he does not cater to the desires of others, he will not prosper. The businessman must anticipate new markets and consumers’ future wants and needs, learn from competitors’ successes and failures, accumulate capital for his projects, acquire the needed resources, coordinate numerous activities and employee skills, and take risks by trading present and known values for resources that only promise a potential future value for him. Profit is payment for the businessman’s thought, vision, initiative, determination, and efficiency.
Originally posted by jjf3rd77
Liberals love to throw these statements around.
"Businessmen need to be moral."
"Tax the rich creates jobs."
"The Rich are turning America into a third world country by sitting on their money."
and my favorite, " A fraction of their wealth could employ everyone currently unemployed in this country."
Originally posted by jjf3rd77
On the other hand corporations and their CEOs do help everyone in the world. They sell you products that you want! They help supply products all around the world to people who need them.
Originally posted by jjf3rd77
These ideologues are completely ridiculous in the business world and that's why scientists aren't businessman!
I like to compare this time period with just before the great depression of the 1930s. In the 1920s the majority of the companies that now "control the world" up to a point, became powerful. They survived and were protected during and after the Great Depression. These same companies are the ones you are angry at but they will always be protected by the system. And there is little anyone can do to change it.
Now, your accusation about wealth distribution. There is no moral obligations in business. The number one priority of businesses is to make a profit. Everything else is secondary.
The CEOs earnings comes from the employees productivity. If they work harder the CEO and Shareholders make more profits! Stock goes up and in some cases the entire market goes up. Bigger Businesses = more competition = more employees = more jobs = higher salaries.
That's always the way its been. You can't go asking government for more jobs when you accuse big businesses of being too big!
Hurting successful companies with further regulations won't jump-start the economy either. This will dissuade those larger businesses from hiring more people!
CEOs are people too. Isn't immoral to take Billions of dollars away from these people as well?
Furthermore, there is very little morality left at the top 10%. If you've ever heard the term "ruthless businessman." You understand what I am talking about. In today's age, when people know about the corruption in business, media, and politics combined, you can't expect the rich to do the "moral and right" thing. It just won't happen. They all have an agenda.
On the other hand corporations and their CEOs do help everyone in the world. They sell you products that you want! They help supply products all around the world to people who need them.
It takes a special type of person to be able to be a CEO of a large corporation. There is corruption at the top, but ordinary everyday people cannot be Steve Jobs or Rothchilds. Corruption, unfortunately comes with the territory. These types of people will always get ahead in life because they just think differently. They see profit everywhere! And it is everywhere! And that is where business ideas come from and the cycle continues!
Liberals love to throw these statements around.
"Businessmen need to be moral."
"Tax the rich creates jobs."
"The Rich are turning America into a third world country by sitting on their money."
and my favorite, " A fraction of their wealth could employ everyone currently unemployed in this country."
These ideologues are completely ridiculous in the business world and that's why scientists aren't businessman!
I like to compare this time period with just before the great depression of the 1930s. In the 1920s the majority of the companies that now "control the world" up to a point, became powerful.
And there is little anyone can do to change it.
Now, your accusation about wealth distribution. There is no moral obligations in business.
The number one priority of businesses is to make a profit. Everything else is secondary.
The CEOs earnings comes from the employees productivity.
If they work harder the CEO and Shareholders make more profits!
You can't go asking government for more jobs when you accuse big businesses of being too big!
Hurting successful companies with further regulations won't jump-start the economy either.
This will dissuade those larger businesses from hiring more people!
CEOs are people too. Isn't immoral to take Billions of dollars away from these people as well?
Furthermore, there is very little morality left at the top 10%
you can't expect the rich to do the "moral and right" thing. It just won't happen.
They all have an agenda. On the other hand corporations and their CEOs do help everyone in the world.
They sell you products that you want!
The businessman searches for opportunities and combines land, labor, and capital to steal money
It takes a special type of person to be able to be a CEO of a large corporation.
There is corruption at the top, but ordinary everyday people cannot be Steve Jobs or Rothchilds.
Corruption, unfortunately comes with the territory.
These types of people will always get ahead in life because they just think differently.
Originally posted by jjf3rd77
reply to post by CREAM
Um this has nothing to do with Occupy Wall Street, unless you admit they are a left wing group now? Hm.....
I don't want to talk about OWS here, there is enough threads talking about that.