"Howard Brazee" wrote in message
...
On Thu, 27 Oct 2011 18:50:06 -0700, John Smith
wrote:

Yes, that is what predatory economics is, isn't it, "not seeing"
anything which gets in the way of profits ... the many pay the costs of
supporting the "special few."

Sometimes going after profits can actually hurt profits.

Which can be seen also in the history of Domino's Pizza and other companies
that cheapen their product in pursuit of profit only to end up losing
significant portions of their customer base due to an inferior product and
thus losing profits in the long run.

Here's an interesting link (It's Steve Jobs related - but I'd like to
see the book):

http://blogs.hbr.org/cs/2011/10/stev..._innovato.html




--
"In no part of the constitution is more wisdom to be found,
than in the clause which confides the question of war or peace
to the legislature, and not to the executive department."

- James Madison