December 6, 2005

• Thank you for your thoughts on businesses - no, it's not for a
  particular assignment, but I do wonder what other people tend to think.
  Most of you looked at their purpose from an external sense - what they
  do for the outside world, but I think Kari was on key by looking
  internally. If you aren't in the management side of things, the money
  seems less important and the jobs and product or service seem
  all-important. Yet, if all your activities don't yield a profit, you
  will soon be out of business and not providing any jobs at all.

  The beauty of capitalism is that it
  keeps profits in check through competition. We could charge $600/hour
  for our services, but we would never get any customers. Well, maybe one
  or two who thought it was worth it, but everyone else would use another
  company. For the vast majority of things, particularly with the
  knowledge available through comparison shopping on the web, this works
  out beautifully, even to the point of crushing margins to a sliver
  which is good and bad. This does not work with things like oil. Our
  testicular-fortitude-lacking government is not prosecuting the
  companies that are controlling oil in this nation and the other
  industries with just a few powerful players. Curious how energy is not
  factored in the Consumer Price Index...

  ---

  A couple quick thoughts here.
  Milwaukee is absolutely rocking the music scene. Unfortunately this
  means there are times when 4 bands I really like are playing at the
  same time. Richard Ashcroft of the Verve playing with Coldplay when
  Acceptance is playing with Hellogoodbye and The Academy Is. Oh well, I
  have 4 tickets. Looking forward to Ashlee Simpson on Saturday, The Fray
  before I leave for New Zealand, Yellowcard with Mae when I get back!

  • 2:13 pm
  • 9 Comments