General Discussion
In reply to the discussion: I thought maybe I could get most everyone here upset with me [View all]bucolic_frolic
(53,820 posts)Capitalism thrives on profit. No profit, no incentive. No incentive, no motivation. No motivation, no work.
When we buy things we all love and need and want, we give profits to the producers of what we buy.
We are bad consumers. We overpay. We give fat profits to companies because we are poor judges of
what it really costs to put products together. Autos and houses being two prime examples. And we have
no pricing power other than to walk away.
How many of us curtail our spending, or focus on reducing profit margins for what we buy? None of us.
So capital gets concentrated in the hands of the few that way. We complain, but have little power, or incentive,
or understanding. We are cogs in a wheel. This is how we interface with our economic system. There is little
choice.