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<blockquote data-quote="Fifth Element" data-source="post: 4038805" data-attributes="member: 48135"><p>That's a sweeping generalization that would need an awful lot of support to be valid. For instance, how many major corporations <em>aren't</em> having troubles right now? How about banks, the kings of risk management and (being perceived as) bleeding customers of every penny? In Canada, at least, banks are always among the most profitable companies and are not in any danger of going out of business (I do realize that the chartered banking system in Canada differs from the US system).</p><p></p><p>You can't simply say "Some large corporations are having troubles. This means there must be something wrong with the standard business model."</p><p></p><p>Some companies fail. Some succeed. There's a lot more to it that being "greedy" or "not greedy". Miscrosoft, for instance, has a reputation for less-than-ideal business ethics. And troublesome products. You might ask Bill Gates whether his quest for ever-increasing profitability has sunk his company.</p></blockquote><p></p>
[QUOTE="Fifth Element, post: 4038805, member: 48135"] That's a sweeping generalization that would need an awful lot of support to be valid. For instance, how many major corporations [I]aren't[/I] having troubles right now? How about banks, the kings of risk management and (being perceived as) bleeding customers of every penny? In Canada, at least, banks are always among the most profitable companies and are not in any danger of going out of business (I do realize that the chartered banking system in Canada differs from the US system). You can't simply say "Some large corporations are having troubles. This means there must be something wrong with the standard business model." Some companies fail. Some succeed. There's a lot more to it that being "greedy" or "not greedy". Miscrosoft, for instance, has a reputation for less-than-ideal business ethics. And troublesome products. You might ask Bill Gates whether his quest for ever-increasing profitability has sunk his company. [/QUOTE]
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