Trump: "I think the oil companies have been ripping off this country & the world for a long time"

[kpete]

"I consider myself to be a great capitalist, but I think the oil companies have been ripping off this country and the world for a long time," Trump said. "I can see doing something against the oil companies. They're making numbers--nobody's ever seen numbers like this. They and OPEC and lots of people together are having a lot of fun."

http://www.cnbc.com/id/25237876

[jtrockville]

1. Isn't that the whole point of capatilism?

[ProfessorGAC]

8. No It's Not

The true nature of a capitalist economic structure is to provide benefit for production of goods and services to meet consumer demand and actions to attain profitability are to be rooted in ENLIGHTENED Self-Interest.

In it's just form, capitalism isn't about ripping people off. We may have corrupted the original intent, but that doesn't make ripping folks off the point of capitalism.
The Professor

[jtrockville]

10. How does that jive with the fiduciary duty to maximize profit?

That's all these companies are doing, and they're obligated to do so. When did companies incur an obligation to serve consumers?

[NightWatcher]

2. where's the fine line between making money as a capitalist and ripping people off?

it's all a rip off

[Cerridwen]

3. Trump discovers water is wet. n/t

[no_hypocrisy]

4. Windfall envy.

[SammyWinstonJack]

5. Exactly!

[BridgeTheGap]

6. "You're FIRED!!!" n.t

[rocktivity]

7. Rocknation: "I think Donald Trump has been ripping off the world for a long time"

:eyes:
rocknation

[BridgeTheGap]

9. You're fired too! n.t