To: A. Pole
When I was an idealist liberal in college I read "Small is Beautiful" among many other books of that genre. After starting up a small company for one investor and forming two companies myself, I can conclude that small is not necessarily beautiful but that profitability is. I don't create anything to give someone a job or to help someone provide for their family, but if in the course of making money someone is able to be hired or a vendor makes money, that is indeed a good thing.
For good ideas and for innovative ways to enter a market, there is more than enough capital, in fact, if one has a decent track record, there is too much capital available. There is so much that it complicates the risk.
There should be no business capitalized for the purposes of protecting the worker, providing for health insurance, etc.. The purpose of capital is to make a profit, and as much as is reasonable, and if there is still enough to pay for insurance and hire people to sit on their hands and play solitaire on the computer, then that is the decision of the investor. Unfortunately, in the public sector, one finds that the investor has say but that it is decidedly on the side of compassion and that in the private sector it is decidedly on the side of making money.
The only real reason to pay for health insurance, dental insurance, paid vacations, and high salaries in the private sector is to retain and attract good employees so one can make even more money. For companies like WalMart, where many employees are unchangeable, do not have such a problem.
To: Final Authority
But who will pay the health expenses for those who cannot afford them?
We have four possibilities:
Regulate wages that all or almost all workers can afford to pay for modern medical care (directly or through insurance).
Let government pay through the national health care system or through the emergency care.
Compel businesses to provide it.
Let a significant portion of the population to go without medical care.
Tell me what you think which of this options will be chosen or should be chosen?
17 posted on
12/02/2005 7:29:48 PM PST by
A. Pole
(Saint Augustine: "The truth speaks from the bottom of his heart without the noise of words")
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