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Old 01-12-2004, 12:56 AM   #15 (permalink)
MrSmashy
Crazy
 
Location: Soviet Canukistan
Quote:
Originally posted by Lebell
False.

That is a simplistic model of capitalism.

More advanced models take into account other factors that affect the company's health and hence long term profitability.

These factors include the community, the workers and the environment.

Only the greedy short sited ones do not acknowledge these other factors and ruin perfect capitalism.

Sorta like the greedy short sited ones who ruin perfect communism
I agree that long term can be taken into account with captialism. However, I'd argue that few choose to exercise that option.

Any steps made into that direction are however difficult and risky for a good capitalist to take since they have to be able to justify it.

Few companies are really willing to make the truly tough choices for long term survivability...especially when they have competition who can beat them in the cost zone because they don't make the change.
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