Forum Post: Sales profit cap aka : Silver Bullet
Posted 12 years ago on April 10, 2012, 9:40 a.m. EST by FriendlyObserverB
(1871)
This content is user submitted and not an official statement
A cap on sales profit will literally be the death of capitalism.
A cap on sales profit is the silver bullet we've been looking for.
A cap on sales profit will create a rising tide of wealth across the world. Everyone will gain from a cap on profits. We will all enjoy a cap on profits.
Death to Capitalism, cap sales profit. Fire that silver bullet !
Capitalism is already dead in the U.S. Where capitalism exists, failing companies go out of business. They are not bailed out by taxpayers. Check this out: Thanks http://www.youtube.com/watch?v=PTQ1WOC9RgY
not every business that's started is guaranteed to succeed. what's wring with that? if you have a good product/ service, there will be a demand.
A Profit Cap will increase GNP.
I have shown how the profit cap will create jobs, increase tax revenue, shorten the work week, improve the standard of living, close the gap between rich and poor, turn the economy around, patch and refloat the system, add value to the dollar, increase sales, and encourage manufacturing investment.
The sale profit cap gives every consumer and working man their life back.
The sales profit cap places a limit on greed. Greed has caused world recession, poverty and despair for many people.
The profit cap fights greed head-on.
The world economy will be in a better place with a profit cap.
I have extensively explained the workings of a sales profit cap. With step by step examples, and lists of many positive results.
While many have said it is wrong, or bad idea, without any support whatsover of their opposition. To say their teacher disagrees, or a sales cap is not taught in basic economics, or written in economic books , is a completely baseless argument without any merit.
The sales profit cap is an undisputed / undefeated correction we could use to fix/ repair the capitalist system.
Unfettered profits is " the hole in the boat."
A cap will patch that hole.
You just say it will work. You offer zero proof.
Let me ask - have you ever owned, managed or been involved in operating a business?
Hey your talking about my teacher. Remember it was also the class that said no to the idea as well.
The reason we disagree is that it puts a artificial burden on the market such as a tax. It also encourages buy things from out of united states since they produce things cheaper and can sell things cheaper.
also the reason it not in books is not a conspiracy theory. Economist think of new ways everyday for the market to be fair. Putting a cap on something makes it unfair.
so lets see
your idea is elementary meaning it is to simple and many holes can be found from within in it
it wont work since the point of a business is profit
Provides more intervention into a market that does not need it (kind of an opinion)
Is a policy usually only done in place where there is a monopoly. The only place that legal can have a monopoly is utilities and even then there is a slim profit. we do have some caps done in the united states. the UK does have caps but again it is only on utilities.
Is only applicable to tangible goods. Since services such as accountants and bankers have no set price other than the computer or paper they use. This would be to hard to value since there is not a base price in these goods.
6 If done incorrectly by setting a ceiling prices such as the the proposal to have a cap on cigarette prices this could lead to a chance where manufacturing price is greater than the profit cap.
7 No support. If this was truly a revolutionary this would be purposed almost every day and would be accepted. You are not the first nor the last to think of this idea. Think to yourself there is a reason people don't like this and that is below
8 Over Control. It would not be a capitalistic market or a free market if a cap was infringed upon the sellers. This means that they would have to registrar all sales so that they are not making to much money. This would provide confusion with paper work and would make people less incentive to start a business.
9 Gets rid of luxury items/market it gets rid of these items because some things are just marked up to to there rarity. Diamonds are an item like this they are not extremely expensive but everyone wants one so it drives up the price
10 messes up the supply and demand curve. If demand is high so is price this is how things work otherwise we get a shortage of items, which is bad. If demand is low so is price.
But again you wont look at this and wont respond since you think i'm the devil
Who makes unfettered profits?
You are a nut job
Um, it looks like the real game is to control the resources and buy or bomb the hell out of whoever you can to get them. The really wealthy try to control resources so they are profiting on the front end while you are chasing the tail so to speak on the backend. From your other posts I assuming you would only want to cap the sales on the retail end and not cap the wealth created by controlling the resources used in the manufacture of the so called products? Are farmers to have a cap on what they can make on timber etc? Can we cap the forced economic slavery of third world countries and crappy trade agreements we've shoved down their throats? Why wouldn't it just be better if the Government made any profits from the sale of oil, electric and telephone services rather than private companies or rich stockholders? If you reduced the cost of the basics and took the obscene profits out of oil etc then people would have more spending money also it would cost less to produce goods here and make us more competitive Oh, well you never seem to like my ideas anyway. America and politics are focused on controlling resources and forcing bad trade agreements on other countries for the wealthy .001% I fail to see how a sales cap would do much to stop the gutting of the entire world that is happening.
I admit the cap is a " patch" on an overall failed system. The patch will stop the sinking of the economy and infact reverse direction.
A cap will increase the standard of living for all consumers, and more.. so so much much more.
..."Silver Bullet " stopped reading there. Only a simple person could possibly think a simple solution could solve the most complex problem ever faced by mankind.
A sales profit cap on mark-up between all points of buy and sell, is an undefeated silver bullet to the world economic problem.
Ps. It is extremely complicated to understand how it works. Give it a try ;-)
Wrong, just plain wrong, and the burden of proof is not on me. So sorry but if you are going to convince anyone who matters that you have the magic (silver?) answer to the "the world economic problem" you're probably going to have to do a better job of conveying the issue(s).
I often question someone whom makes a judgement on something that do not understand. How is that possible for you to say wrong when you are inept?
Lol, are you for real? When did I ever say I didnt understand what a "profit cap" was? YOU haven't demonstrated that you know what it is. Please just keep repeating your slogans over and over, w/o any explanation, elaboration, or practical application. Talk about "inept", learn how to convey ideas. Yawn.
Your argument is baseless. To simply say wrong has no merit without a supporting argument which you have none.
How much should items be marked up, taking into account the costs of mantaining a retail business?
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you have no understanding of economics. capitalism is why you're using a computer.
this post is insanely stupid.
Good luck with that one bobo.
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Cap sales profit, and the whole economy will improve. From the ground up.
The mechanism of capitalism has a major flaw; unlimited profit mark-ups.
The simple fix is to place a cap on profit mark-up
Very very easy to fix. With results benefiting the world economy. The profit cap will generate sales, jobs, manufacturing, and tax revenue. The cap will also increase the value of the dollar causing" deflation !"
The cap on profits is a " Miracle Cure !"
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The silver bullet / sales profit cap is undefeated !