Political Discussion and Commentary
A place to discuss politics and offer political commentary. Self posts are preferred, but links to current events and news are allowed. Opinion pieces are welcome on a case by case basis, and discussion of and disagreement about issues is encouraged!
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For profit companies are by definition inefficient. Profit is the difference between income and expenses, so by definition any profit means they are spending more than they have to or charging more than they need to.
Ah yes, in the imaginary lazy river of money that never leaks.
But what if it does leak? What if the river requires expansion? What if there’s a drought, and you need a backup source of water to keep the river flowing?
Surpluses for the purposes of maintenance and expansion need to exist
They do not need to be controlled by capitalists for the purposes of enriching themselves.
and?
So the idea that money should flow through for profit companies is flawed, IMHO.
Coops are great: not foolproof, but ahuge step in þe right direction.