Forum Post: Business and Products for People and Planet, not JUST for profits!
Posted 13 years ago on Oct. 16, 2011, 8:06 a.m. EST by DougRH
(1)
from Edmonton, AB
This content is user submitted and not an official statement
Business and products for people and planet, not just for profits!
A specific focus and constructive input is required in order to have any hope of significant impact and positive reform. The Stock Market was initially set up to provide large amounts of capital for R&D, capital expenditures, expansion etc that would otherwise not be be possible. It has now primarily become a VERY high stakes casino for those 'playing the market' and those that operate it and the corporations and banks purely for profits and no other social responsibility and purpose including for providing positive products to provide for peoples NEEDS. This has led to very rapid unstable and chaotic capitalization for companies and the market to accomplish what this capital is intended for and causes the same catastrophic turmoil in the economy as a whole. Profits are a necessary for Corporations and businesses to be healthy, sustainable social responsible entities to be able to serve, sell and provide required goods & services. But operating solely for the purpose of nothing but huge profits for a very small portion of people involved with amoral, socially irresponsible greed is NOT! This is primarily what they have become. As long as businesses, including banks and other such financial institutions, operate in this mode with their primary and even sole focus, purpose, existence and goals, unbalanced and unsustainable economics will persist and even accelerate impoverishment and hardship for most of the world and ALL living organisms on it. Sincerely, Doug R Henderson Edmonton, Alberta Canada
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