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View Diary: More Mystery Surrounds Canadian Ghost Train: Where are the locomotives? (160 comments)

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  •  Overly simplistic (5+ / 0-)
    And Capitalists, in the end, are people who are willing to engage in immoral behavior for the sake of profit.  A truly moral person could not succeed in being a Capitalist.  They would go broke in a system in which only profit mattered.
    Some capitalists, especially taking the longer view of how best to profit, don't use immoral business practices. To be a capitalist does not require thinking only profit matters. I know many very moral, yet still profitable, small businessmen. It the large and impersonal corporations that tend to lose sight of how their actions impact their employees and customers.

    “Texas is a so-called red state, but you’ve got 10 million Democrats here in Texas. And …, there are a whole lot of people here in Texas who need us, and who need us to fight for them.” President Obama

    by Catte Nappe on Thu Jul 11, 2013 at 02:09:03 PM PDT

    [ Parent ]

    •  Small businesspersons != Capitalists. (2+ / 0-)
      Recommended by:
      Wreck Smurfy, cotterperson

      Capitalists are not small businesspersons who work alongside their employees.

      Capitalists are people who do nothing but make money from money.

      There are some budding Capitalists, like a Dimon or a Blankfiend, who are acquiring extraordinary wealth by virtue of their jobs, such that they and their heirs will soon be true Capitalists.

      If you want to think "Capitalist," think the Walton heirs, not Joe Schmoe who has a successful restaurant that he manages.

      Capitalists are concerned about nothing but return on their money.  They want more, they want more.  They drive the corporate and national agenda.  They're always happy to invest in something with a high rate of return which means that the investment has higher risk, but they never want to take losses, even if it must be the taxpayer who must bail them out through higher taxes or the recipient of government payments who must bail them out through a reduction in benefits.

      These are the folks demanding that Detroit sell its art, that Medicare be privatized, that Greeks starve, that public employees lose their pensions.  They're arrogant enough to make these demands because they see the rules as heads they win, tails we lose.

      These are also the folks who push every company in which they invest to maximize profits to the point that the environment is destroyed, consumers are ripped off and workers screwed.

      Are there a few exceptions?  Maybe.  Perhaps those are nothing more than PR attempts.  But the overwhelming majority of Capitalists would react with disgust to the idea that they should consider anything but profit when making their decisions.

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