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by H8crilA
2273 days ago
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This is what the government is. It's a large non-profit, in fact the largest player in the economy, that's always zipped to produce no profits. There isn't even any structure to distribute the profits (there are no "shares" of the government or anything of this sort). The whole point of profits and investing is to hook up the "skin in the game" of investors to viability of project. That's the definition of capitalism. |
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It's interesting though that there are certainly extremely successful companies like MEC in Canada and REI in the US who don't follow this model.
Their customers are extremely happy. Their staff get paid. The y create excellent value for customers. BUT they don't make a profit. Nobody can get rich from owning a slice of it.
Why couldn't more companies be like that?