Originally Posted by Rookie1337
Originally Posted by XNine
I've never seen a company do right by its consumers when there was a Board of Directors and Share Holders clogging the mix. It always comes down to the bottom dollar, and how much they can squeeze the life out of their consumers.
Get rid of the greed, your company will prosper.... At least, that's how I see it.
OK people let's play a game...name 10 private companies that sell or make your favorite products and then name 10 public ones...go.
It's sad to see people demonize the very markets that both directly and indirectly make their lives "better" and yet here it is. The situations like what you describe would not matter if the investors/consumers valued control or influence in a public company...why? Because if they did they wouldn't invest in/buy from a public company that acts like you all describe. But you all don't value those "moral/ethics" as much as you doing getting more consumption for cheaper. What is so hard for people to realize the markets are (mostly) fine...it's that people are their own worse enemy. Everyone continues a self fulfilling prophecy and then says the system is wrong when it's their own actions within the system. Which do you invest in? The Apple with limited ethics and shady off shore accounting/likely off balance-sheet accounting which allows it to just grow like clockwork or the company that plays by the book and even has all the ethics you say you want out of a company but can't seem to grow consistently? Vote with your dollars and the market corrects to such actions. It's not complicated but people think it is.
Companies that aren't public, and don't run off of the greed of shareholders:
Little Anita's (best Breakfast burritos in Colorado.)
I buy a lot from small companies, and even large companies that aren't public. I'm willing to pay what something is worth. I don't shop at Walmart, Best Buy, and try to avoid Target unless it's something I can only get from them since I refuse to buy from Walmart. Please, point your finger elsewhere.