: >
: > Many *non profit-making* companies (which is what I took Simon to : > mean) have survived longer than those that were run to create wealth : > for their investors, the Co-Op being a prime example, for the simple : > reason that the profits have either been shared out (to those who : > actually create the income, thus giving them a greater incentive to : > further improve) or have simply been re-invested in the structure of : > the company : : In other words it is a profit making business that is fundamentally the : same as any other business. It is in business for the benfit of its : investors (in this case the "members" - as was when the co-op societies : were set up) and that it does so by way of making an operating profit in : its business.
"Remploy" and the like?...
: : Jerry, (a) don't make assumptions about folks you don't know as you will
I don't make assumptions, I make comments in reply to what has been said previously, if you don't like that FACT then it is you who has the problem not me!
: invariably wrong and (b) Wolf was making the point that businesses cater : for customers - yes quite right, what he didn't address is why : businesses cater for customers oh and (c) the economic ills of today : have much more complex origins than you've addressed. :
IYO of course, but as you are making assumptions about folks you don't know as you will be invariably wrong... :~)
Until you accept that all people have been taught over the last 30 odd years has been fundamentally wrong you will always be part of the current problem, I'm not saying that - to go back to your original premise - that nationalisation (in the UK) had not problems but that the problems were/are not caused simply because the business/industry is state owned, that was Thatcher's simplistic answer and allowed her to sell off (cheaply) such industries so that, amongst other aims, she could fund tax give-a-ways.