Tuesday, January 21, 2020
What if the Profit Motive was connected to standardization of quality rather than to its degradation?
Put another way: what if the government issued punitive taxes on producers who seek higher profits by watering down/substituting/planning obsolescence in their products, and incentivized producers who met quality standards?
The removal of The Cost of Doing Business - or deregulation - would need to be accomplished in tandem with rewarding quality standardization.
Then you would have competition of parties aiming for quality, rather than competition of parties aiming for profit. The Profit Motive will be infected with other considerations.
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