Klarinet Archive - Posting 000557.txt from 1999/11

From: "Jim Youngman" <youngman@-----.au>
Subj: Re: [kl] Lars Kirmser's Wisdom
Date: Sun, 14 Nov 1999 16:37:06 -0500

Walter Grabner writes:

<<
If there were no profit, investors would (and do) take their money and put
it
somewhere else (in the same way we would move fmoney from a non-performing
IRA fund).
>>

The problem is not profit so much as profit maximisation, which taken to the
extremes we can often observe in business amounts to simple greed. In any
area where quality is of great importance to customers, and customers are
not extremely wealthy, then this can lead to customer dissatisfaction and
disaffection. Unfortunately, IMHO, many large businesses have no long term
vision. The consequences for musical instrument manufacture are clear. There
is a place for small business, perhaps even cottage industries, that do not
depend on greedy investors.

-----------------------------------------------------
Jim Youngman
19 Portsmouth Street, Heathmont VIC 3135, Australia
Phone: +61 3 9893 1029 Fax: +61 3 9870 0636
mailto:youngman@-----.au
-----------------------------------------------------
teenei te tangata puuhuruhuru
-----------------------------------------------------

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