Comments on: How much profit is “enough?” http://www.lodestarconsultinginc.com/how-much-profit-is-%e2%80%9cenough%e2%80%9d/ helping businesses navigate through challenges to reach their goals Fri, 20 Jan 2012 21:54:35 +0000 hourly 1 By: Richard Harshaw http://www.lodestarconsultinginc.com/how-much-profit-is-%e2%80%9cenough%e2%80%9d/comment-page-1/#comment-1094 Richard Harshaw Tue, 28 Jul 2009 15:05:56 +0000 http://www.lodestarconsultinginc.com/?p=502#comment-1094 Amen, Norm! People forget these days that "profit" is not a four-letter word. "Loss" is! Those who would detract from the capitalism doctrine of profit would take us to Marxism's "from each according to his ability, to each according to his need"-- a doctrine which obviously has been supremely successful in places like (the former) Soviet Union, Cuba, North Korea, eastern Europe, and, of course, China-- whose economic growth is now being fueled by state-controlled capitalism. Hmmm. Of course, the profit motive can, like any other motivation, become cancerous when greed takes over, as we saw the last two years in the collapse of our real estate and banking industries. But on balance, give me a profit-drive individual over a bus-load of bureaucrats any day! Amen, Norm! People forget these days that “profit” is not a four-letter word. “Loss” is! Those who would detract from the capitalism doctrine of profit would take us to Marxism’s “from each according to his ability, to each according to his need”– a doctrine which obviously has been supremely successful in places like (the former) Soviet Union, Cuba, North Korea, eastern Europe, and, of course, China– whose economic growth is now being fueled by state-controlled capitalism. Hmmm.

Of course, the profit motive can, like any other motivation, become cancerous when greed takes over, as we saw the last two years in the collapse of our real estate and banking industries.

But on balance, give me a profit-drive individual over a bus-load of bureaucrats any day!

]]> By: Norm http://www.lodestarconsultinginc.com/how-much-profit-is-%e2%80%9cenough%e2%80%9d/comment-page-1/#comment-1087 Norm Tue, 28 Jul 2009 01:46:03 +0000 http://www.lodestarconsultinginc.com/?p=502#comment-1087 It's nice to see someone talking about profit. It's what made this country great. No question. It’s nice to see someone talking about profit. It’s what made this country great. No question.

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