if one man makes a profit does another have to lose somthing?

Question

is there a better way to keep the world going than privatising the world and selling it back to people for a profit or mass producing usless stuff we dont need while millions die lacking the most basic survival equipment

Answer 1

Not at all. For example-I see you are interested in this world, as we all should be. For example-if a recycling company make a useful product and sells it to me at a profit, we both still win. He can use part of his profit to reinvest in his company, I am doing my part to save the earth. Most likely we both give to charities to improve the plight of the less fortunate-something I embrace and I believe any decent recycling company would also. Neither of us can save the whole world but both are contributing. If more consumers are careful who they allow to make that profit, fewer people will have to suffer. He has made a profit-I have gained, not lost.

Answer 2

Hello,

YES! your right and this IS precisely one of the most crucial faults with the capitolist system we live under. Capitolism doesnt really care about the individuals most basic human needs, and capitolism doesnt care about a persons feelings or well being. Capitolism applauds the selfishness of business, and business has no morals business isnt really interested in morality.

**Look at Alan Sugar, the great business guru. Yet the only thing that interests him is money, he's driven and completey obsessed with making money. He's so driven he doesnt give a monkies about anyone else but himslef. Frankly I think he's weird big time!.

**If business was really interested in morality or ethics we in the UK wouldnt be one of the world's major arms manufacturers.

Just look at how many millions are sunk into massive arms contracts, such as: BEA systems for the likes of Euro-fighter Typhoon and the Saudi Government and Prince Turkie. Its 11,000 UK jobs and the contract is worth 20billion sterling over a few years into the future.

**Oh! dont blame us for the war we didnt pull the trigger, yes! but you made the AK47's and the bullets.

**Capitolism & business are only interested in profits and shares & dividends. Nothing else!! morality & ethics Oh! you can leave those at the door so you can!! (no place here!!).

**There is a world wide trade imbalance between the rich countries of the Northern Hemisphere & poor impoverished countries of the Southern hemisphere. Or to put it another way, Africans DONT want our hand outs or aid, but they DO want a level and fair playing field when it comes to trading. Many many of africas problems could have been solved years ago if there had been a fairer trading system. A system that wasnt weighted against Africans for example.

IR

Answer 3

That is the current definition of neo-classical economics, where pursuit of happiness became pursuit of wealth. Fair trade and eco-economics will need to be the new paradigm.

Answer 4

Capitalism has a gain in it for everyone in any scenario but not everyone has equal access to it.
With restricted access the gain becomes a tiresome exercise which is not possible for everyone.

Answer 5

not necessarily. the principle of "money velocity" allows that money is rotated through multiple purchasing channels, benefitting all involved. it requires a stable, first world economy though to work.