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View Diary: My twitter message to Aetna's CEO, or suffering can be a 2-way street, Mr. Bertolini (122 comments)

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  •  It's growth that everybody seems (3+ / 0-)
    Recommended by:
    drewfromct, Catte Nappe, Gary Norton

    to care about more than profitability. it's not enough to an investor to be profitable, you have to be growing which, eventually, becomes unsustainable.

    How does the Republican Congress sit down with all the butthurt over taxing the wealthy?

    by athenap on Thu Nov 15, 2012 at 09:00:22 AM PST

    [ Parent ]

    •  That's the thing about capitalism (2+ / 0-)
      Recommended by:
      Steven D, Gary Norton

      that no one seems to realize: capitalism is based on permanent, infinite growth. But we live on a single planet with a finite amount of natural resources. Capitalism is unsustainable in the long run, and if left unchecked, it will be the death of humanity.

      Capitalism as it is currently known and practiced is a virus confined to a single host which it is eventually and inevitably doomed to kill off.

      Al Qeada is a faith-based initiative.

      by drewfromct on Thu Nov 15, 2012 at 09:13:45 AM PST

      [ Parent ]

    •  I have been asking myself about that lately (4+ / 0-)

      Why is corporate "growth" so essential? They buy up each other, merge together, then spin off again. And with each move there are proud announcements about increasing growth for the quarter or year.

      Meanwhile, I see many small businesses that are thriving without growing. A local coffee shop/diner that seems to make a very nice living for its owner and her staff. No signs of her needing or wanting to create a chain of franchises, or get bought out by someone who wants to take her "concept" regional. My workplace uses a small printing company, same owner, mostly the same handful of staff, for years and years. They aren't "growing" either, or selling out to some Kinko-like entity. Again, they seem to be financially stable, and able to support the owner and staff comfortably. In both cases the prices are as good, (actually better), than at any of the competing big boys who supposedly pass along savings from "economise of scale", too.

      Those are what I think of when there is talk of "small business", and we could do worse than have a lot more of them; and a lot fewer homogenous big box chains.

      "...you can’t find any oxygen from outside the aircraft to get in the aircraft, because the windows don’t open. I don’t know why they don’t do that. It’s a real problem." Mitt Romney

      by Catte Nappe on Thu Nov 15, 2012 at 09:27:41 AM PST

      [ Parent ]

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