lustyd
Well-known member
It's certainly not the island you left, and not just due to that word.
"Rip off" Britain again
- Thread starter greeny
- Start date
Daydream believer
Well-known member
Why must people always refer to profits as " greed". The companies are NOT being greedy at all. They are making efficient use of the rule changes bought about by the new legislation.. If that makes them more profit, then one might ask why they are not entitled to do so. Companies are generally formed for the benefit of the shareholders. Those shareholders are looking for returns on their investments & expect good returns,
I imagine that many forumites here have investments in- for example- share isas. They expect those isas to make a good return year on year. Some of them may have shares in telecoms. ( indirectly). Are you suggesting that they are greedy for looking to invest in the equities etc with the best returns. Because it works in more ways than one. If you want your investments to rise you cannot complain if the companies you invest in push for max profits.
roblpm
Well-known member
In seven weeks? Or since 1979! ?
roblpm
Well-known member
Of course. Corporations are designed to be only in the interests of their shareholders. That's why we have regulation. Its the balance between profits and social good that is the choice. It is just a choice. The nordic countries make one choice. USA and increasingly UK make a different choice.
DFL1010
Active member
That's why it's so handy that Brits have the option to easily move to, and live in, other EU countries which have made a different choice that one prefers.
Oh wait hang on a sec...
greeny
Well-known member
That's your take on it but not the way I see it. I see it as a rip off!
Stemar
Well-known member
I get that shareholders want profits; however, without customers, there are no profits, and that seems to be something that shareholders and directors often forget. Piss off the customers and there'll be no shares to hold or business to direct - or pay out those bonuses.
I'd like to be a socialist but, looking around, I don't see any purely socialist governments that work. Equality is great, but there are always some who are more equal than others and, TBH, why should I do more than the absolute minimum if it doesn't make me a bit more equal than the one who does nothing? So, I'm a capitalist - up to a point. Profits make wealth and, as long as the wealth is fairly distributed, I've no problem with that, but first define fair! Good managers are rare beasts, those who can manage big workforces and big money, rarer still, so they should be paid more than the bloke who pushes a broom, but finding the balance is the trick. Paying the ones on the bottom of the pile a living wage and paying those on the top enough to motivate them is a delicate balancing act, and what seems to be the current trend of zero hours contracts at the bottom and multi-million bonuses at the top just ain't it. Nor is gouging the customer just because you can.
I'd like to be a socialist but, looking around, I don't see any purely socialist governments that work. Equality is great, but there are always some who are more equal than others and, TBH, why should I do more than the absolute minimum if it doesn't make me a bit more equal than the one who does nothing? So, I'm a capitalist - up to a point. Profits make wealth and, as long as the wealth is fairly distributed, I've no problem with that, but first define fair! Good managers are rare beasts, those who can manage big workforces and big money, rarer still, so they should be paid more than the bloke who pushes a broom, but finding the balance is the trick. Paying the ones on the bottom of the pile a living wage and paying those on the top enough to motivate them is a delicate balancing act, and what seems to be the current trend of zero hours contracts at the bottom and multi-million bonuses at the top just ain't it. Nor is gouging the customer just because you can.
Daydream believer
Well-known member
deleted
Daydream believer
Well-known member
There is a LOT of choice so nothing to stop you shopping around.There are alway deals to be had.
If you do not like the choice, you can always use 2 coke tins & a bit of string. ( actually just as good in my area )
greeny
Well-known member
There is a LOT of choice so nothing to stop you shopping around.There are alway deals to be had.
If you do not like the choice, you can always use 2 coke tins & a bit of string. ( actually just as good in my area )
is all down to the fact that my wife does not understand me !!
Neither do I.
Daydream believer
Well-known member
Not a very inventive child thenis all down to the fact that my wife does not understand me !!
Neither do I.
Mister E
Well-known member
So can I expect a reduction in the phone bill,now I am not paying for a service I did not use?
Clancy Moped
Well-known member
Try that one with a TV license, your still paying for when it's off?
Clancy Moped
Well-known member
