Two of Silicon Valley’s famous venture capitalists make the case for backing Trump: that their ability to make money is the only value that matters.

  • Rapidcreek@lemmy.world
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    5 months ago

    Spoken like a guy who has never been in business. Maximizing profit is what you are paid to do. I’ve worked for large corporations and created small companies. Without the realization of that fact, you cannot be successful in either.

    • Viking_Hippie@lemmy.world
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      5 months ago

      Maximizing profit is what you are paid to do

      Which is a societal disease, not an immutable fact of life. Seeking profit maximizing at the expense of the workers and/or the quality of the product or service you offer is not virtuous or natural.

      Without the realization of that fact, you cannot be successful in either.

      That’s just false. Many of us would consider providing a good product or service and providing gainful employment the end goals of commerce. Not maximizing profit at the expense of everything else like a goddamn parasite.

      • Rapidcreek@lemmy.world
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        5 months ago

        It’s not a disease for anybody who believes in free enterprise. It’s true for management and workers.

        Building good product and services is a way to maximize profits. It really isn’t an either/or situation.

        • Viking_Hippie@lemmy.world
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          5 months ago

          believes in free enterprise

          Like religion, that’s a concept the powerful made up to control the market.

          Truly “free” enterprise, IE unburdened by regulations, inevitably ends up with the powerful dominating the powerless.

          As I’m sure you’d agree, being dominated by someone who’s more powerful than you is nobody’s idea of free. In fact, even if you’re into it, it tends to be rather expensive.

          Building good product and services is a way to maximize profits. It really isn’t an either/or situation

          That used to be the case, sure, but nowadays there’s all sorts of ways to tweak profits that necessitates compromising on either quality (including treatment of workers) or profits.

          So if you want to maximize (achieve the maximum of) profits, you literally have to compromise the quality, how you treat your workers, or both. Almost all companies do both.

          • Rapidcreek@lemmy.world
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            5 months ago

            I’ve only seen such opinions from Iron curtain countries that strive to get enough toilet. paper. Good luck with that, btw.

            • Viking_Hippie@lemmy.world
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              5 months ago

              I’ve only seen such opinions from Iron curtain countries that strive to get enough toilet. paper

              It’s not my fault you live in a bubble of people with no class consciousness or solidarity with the exploited majority.

              Good luck with that. And congratulations on always having enough toilet, paper.