Privatize, privatize, privatize

[Spexxvet]

Originally Posted by 9th Engineer

The way to make money on any sort of long-term basis is never to cut corners, you end up paying back all your profits to cover the damage you cause. There's no point in saving $100 on something if it costs $300 to fix it in a month. The weakest point of the American business system is that everything depends on short term profits. If a company puts lots of funding into programs that will make them the most competitive in a few years but eats all their profits now, then their stock drops and the banks start screaming. Google the term keiretsu for information on how things work now....

Or they can put out a poor quality product, and when the problems start, they can fold up and move to the next poor quality product. After all, the owner has made a big salary, so what if the "corporate assets" are taken throught litigation. Or they can lie about the product (Viox, anyone? Pinto?). Or they can beg the government for protection. After all, if company X goes out of business because of the flaw in product Y that kills people, think of all the jobs that will be lost!