Current Events > Businesses need to learn to adapt and be sustainable, not get rich

(+) Yeah! (+)

With prices rising higher every year, and people getting poorer, this was inevitable. New businesses should really prioritize being sustainable and being able to adapt to the times, not just pump out products at a fast rate and expect people to buy them. The newer generations dont want like the older generations do.

I think a lot of businesses that just consumed and didnt prepare for when things changed will die.

Going forward, businesses will need to be adaptable and prioritize having enough to sell what is enough.

_____Cait posted...

The newer generations dont want like the older generations do.

unless it's snacks

That would be nice.

Never gonna happen, of course.

But itd be nice.

Or they could just win the lottery?

Every Generation Wants. Every Generation is Greedy.
We are a species of Want and Gred.
The new generation is no better, in fact, the new generation is full of a bunch entitled wanters.
Thinking they deserve to get whatever they want just because they want it.

They can't. That's not how capitalism works. Capitalists aren't profit hungry and short sighted because they're personally greedy, they're forced to be, lest they get bullied out of the market by a more ruthless, profit-driven capitalist.

Its not a bug; its a feature

_____Cait posted...

The newer generations dont want like the older generations do.

Yes they do, they simply lack the means as those who can appease their Want not only are constantly wanting they want to keep and do whatever they can to make sure they can keep their wants only for themselves. It's gonna get worse til a collapse happens and then it will start again, it's the only system we've ever known as humans and as per our nature there's simply no other way to live

tremain07 posted...

Yes they do, they simply lack the means as those who can appease their Want not only are constantly wanting they want to keep and do whatever they can to make sure they can keep their wants only for themselves. It's gonna get worse til a collapse happens and then it will start again, it's the only system we've ever known as humans and as per our nature there's simply no other way to live

I meant that they dont want in the same ways that older generations do. They still have wants, but it is a different form. It isnt better or worse. Just different.

The new generation today is nothing more than the same boomer generation back in the 60s and 70s. It keeps repeating itself. As people get older, they realize how fucked up our system is so rather than keep voting for large government that gets nothing done and fucks everything up, older people would rather vote for smaller government and keep more of their money. Personally, I'd rather donate my extra time/money (and I do) to organizations I can research and see making a difference. Not handing it over to uncle sam who just keeps doing stupid shit over and over.

And businesses who aren't in the business of generating profits and getting rich are idiotic at best. Business come and go - all the time. Do you know how many of the components of the Dow or S&P 500 have been around since their inception? Savvy business owners are smart enough to know their time is limited so they need to make it while they can.

Edit: So when you see an old person and they're conservative, don't assume it is because they are racist or whatever other label Humble Novice wants to give them. Perhaps assume they're just fed up.

What?

Have_A_Cigar posted...

Edit: So when you see an old person and they're conservative, don't assume it is because they are racist or whatever other label Humble Novice wants to give them. Perhaps assume they're just fed up.

Instead, assume they're smoothbrained. You'll be right most of the time.

Have_A_Cigar posted...

The new generation today is nothing more than the same boomer generation back in the 60s and 70s. It keeps repeating itself. As people get older, they realize how fucked up our system is so rather than keep voting for large government that gets nothing done and fucks everything up, older people would rather vote for smaller government and keep more of their money. Personally, I'd rather donate my extra time/money (and I do) to organizations I can research and see making a difference. Not handing it over to uncle sam who just keeps doing stupid shit over and over.

And businesses who aren't in the business of generating profits and getting rich are idiotic at best. Business come and go - all the time. Do you know how many of the components of the Dow or S&P 500 have been around since their inception? Savvy business owners are smart enough to know their time is limited so they need to make it while they can.

Edit: So when you see an old person and they're conservative, don't assume it is because they are racist or whatever other label Humble Novice wants to give them. Perhaps assume they're just fed up.

Republicans don't fucking believe in small government. What republican president or congress actually shrunk the government notablly and in ways that helped non rich people? What republicans don't mindlessly support the police or repeatedly try to stop LGBT people from having equal rights?

Anything they cut is immediately funneled into military and police and its usually just for the rich.

Unsuprised_Pika posted...

Republicans don't fucking believe in small government. What republican president or congress actually shrunk the government notablly and in ways that helped non rich people? What republicans don't mindlessly support the police or repeatedly try to stop LGBT people from having equal rights?

Anything they cut is immediately funneled into military and police and its usually just for the rich.

By "smaller" - I meant smaller compared to having a democrat in office trying to expand into things that government has no idea how to fix or is incapable of fixing. For example, I believe systemic racism and food insecurity are huge problems in our country. I also don't believe they can be fixed by another law. So I'd rather send my dollars and volunteer time to organizations I believe are capable of making a difference.

Have_A_Cigar posted...

By "smaller" - I meant smaller compared to having a democrat in office trying to expand into things that government has no idea how to fix or is incapable of fixing. For example, I believe systemic racism and food insecurity are huge problems in our country. I also don't believe they can be fixed by another law. So I'd rather send my dollars and volunteer time to organizations I believe are capable of making a difference.

Systemic racism is BAKED INTO THE LAW. Its in the name. Systemic! Food insecurity is often caused by our laws. We changed our laws in ways that gave corporations the greenlight to do stock buybacks and the like instead if investing back into the company and workers. Social movements alone won't stop wage stagnation and price gouging. Same for healthcare or police brutality/Police Racism. Massive waves of riots and protests did very little to fix our police.

Giving up on the law is pretty much just giving up. Pretending like Republicans aren't worse for the country then dems is delusion.

Have_A_Cigar posted...

By "smaller" - I meant smaller compared to having a democrat in office trying to expand into things that government has no idea how to fix or is incapable of fixing. For example, I believe systemic racism and food insecurity are huge problems in our country. I also don't believe they can be fixed by another law. So I'd rather send my dollars and volunteer time to organizations I believe are capable of making a difference.

That actually doesn't make a lick of sense. Not gonna lie.

ArtiRock posted...

That actually doesn't make a lick of sense. Not gonna lie.

Giving up on the law is pretty much just giving up.

We can agree to disagree. But I'm glad you have enough confidence and faith that the US government can get anything worthwhile accomplished. I remember when I had those illusions as well when I was younger. Get another decade or so experience under your belt and let's see how that works out for ya.

<img src="https://i.kym-cdn.com/photos/images/newsfeed/000/712/699/08d.jpg">

Have_A_Cigar posted...

The new generation today is nothing more than the same boomer generation back in the 60s and 70s. It keeps repeating itself. As people get older, they realize how fucked up our system is so rather than keep voting for large government that gets nothing done and fucks everything up, older people would rather vote for smaller government and keep more of their money. Personally, I'd rather donate my extra time/money (and I do) to organizations I can research and see making a difference. Not handing it over to uncle sam who just keeps doing stupid shit over and over.

Republicans are the ones raising taxes on the middle and lower classes. The only tax cuts they're giving are for billionaires, not you. And republicans' only platform is racism. Again, you're not making sense.

Rexdragon125 posted...

Republicans are the ones raising taxes on the middle and lower classes. The only tax cuts they're giving are for billionaires, not you. And republicans' only platform is racism. Again, you're not making sense.

Yea... you keep buying into it. You're making a difference in this world.

Have_A_Cigar posted...

We can agree to disagree. But I'm glad you have enough confidence and faith that the US government can get anything worthwhile accomplished. I remember when I had those illusions as well when I was younger. Get another decade or so experience under your belt and let's see how that works out for ya.

<img src="https://i.kym-cdn.com/photos/images/newsfeed/000/712/699/08d.jpg">

Do you expect young people instead to put their faith in private enterprise? Today we're living in an era when wages for the average person have been stagnating for decades while the ultra rich are richer than they've ever been, when corporations are making a killing jacking up prices in the wake of a global pandemic just because they can, when housing costs keep going up putting the prospect of owning a home out of reach for more and more people, when one bad medical condition can end up ruining someone financially even if they have insurance, when pharmaceutical companies price gouge their customers for necessary drugs like insulin and get away with it, when jobs are being automated away at a faster rate than they ever have been in history, when union busting is rampant and done in broad daylight, and when we can see these companies fucking over the climate for people in the future in the name of higher profits today.

Boomers entered into a world where a high school diploma and hard work were enough to earn you financial security. Millennials entered into one where there was a global financial collapse because of banks making bets with their customers' money. It is a different world now and that's the blind spot for Boomers who can't understand why young people don't see things the same way they do.

Have_A_Cigar posted...

Yea... you keep buying into it. You're making a difference in this world.

Yea... you keep buying into it. You're making a difference in this world.

How Trump Took the Middle Class to the Cleaners
The president promised a return to shared prosperity, but the benefits of his economic policies only bubbled up to the richest
https://www.rollingstone.com/politics/politics-features/trump-covid-response-economy-jobs-taxes-inequality-1080345/

The Trump tax bill has taken Americas ideal of progressive taxation in which the richest pay the greatest share and turned it on its head for those at the very top. The effective tax rate for the richest 400 families in America fell to just 23 percent in 2018. Thats below the average rate paid by the bottom 50 percent of income earners, according to U.C. Berkeley economists Emmanuel Saez and Gabriel Zucman. Under Trump, they write in their new book, The Triumph of Injustice, the Zuckerbergs and the Buffetts of this world pay lower tax rates than teachers.

Add in Trumps trade war with China and its not clear the middle class has received any net benefit from Trumps tax policies. Attempting to punish China, Trump raised import taxes on Chinese goods. Despite the presidents incessant lies that these taxes, or tariffs, are paid by the Chinese, theyre in fact paid by American importers and passed on to American consumers buying everyday goods. According to a 2019 CBO report, these import taxes were set to reduce average real household income by $1,277 this year alone.

Have_A_Cigar posted...

We can agree to disagree. But I'm glad you have enough confidence and faith that the US government can get anything worthwhile accomplished. I remember when I had those illusions as well when I was younger. Get another decade or so experience under your belt and let's see how that works out for ya.

Then you have learned nothing then. I don't see why you'd expect private enterprises to magically take care of people. What reason do they have to? It cuts into their profits? Another decade of experience would result in ... Me having less money comparatively if I remain at the same job consistently because of the jacked up prices that are completely and utterly unregulated. You should try visiting other countries and seeing how much better off you are there. The US' main thing going for the average person is that you can potentially make more money. But the reality is that you WANT to work remotely for the US but live somewhere else. Doesn't do much good to make more money when everything has 400-500% price mark-ups.

Have_A_Cigar posted...

Yea... you keep buying into it. You're making a difference in this world.

As opposed to voting for "let's just make corporations richer, it'll totally trickle down?" There is no data that lines up with what you're saying.

Here's why I'm disengaging from this conversation. Folks here (as GameFAQs posters often do) take a micro issue and try to apply to macro things not fully considering all the implications. Then people bicker back and forth and leads to nothing productive. My experience here is most people here still blame the big bad banks for the entire crisis of 2008 and can't tell you what "mark to market" means without googling it. Arguing economics with ill informed people is a waste of everyone's time.

Edit: Then default to "you're not making sense" comments which shows the same immaturity I showed with my "you keep buying into it" comment. We're all foolish in this conversation.

I'll never understand people who still defend the current rotten system and the horrible greed of corporations/the rich that negatively impacts the rest of the world both people and the planet itself. I'll never understand how people can get so brainwashed.

Have_A_Cigar posted...

Here's why I'm disengaging from this conversation. Folks here (as GameFAQs posters often do) take a micro issue and try to apply to macro things not fully considering all the implications. Then people bicker back and forth and leads to nothing productive. My experience here is most people here still blame the big bad banks for the entire crisis of 2008 and can't tell you what "mark to market" means without googling it. Arguing economics with ill informed people is a waste of everyone's time.

Edit: Then default to "you're not making sense" comments which shows the same immaturity I showed with my "you keep buying into it" comment. We're all foolish in this conversation.

You're disengaging because what you said makes no sense and you were called out on it.

No. It shows your ignorance. It's especially bad when multiple people are telling you something and your response is to jam your head in the sand as a response.

If you think provate businesses replacing the government is gonna fix things, it sont. All the recent lawsuits about college debt showed that the government had their hands in the private school business. We already know they play around in other fields too. The politicians own the private businesses that they are telling you to push for.

For the record, I don't blame the banks for the 2008 financial collapse. I blame a lack of proper regulation for not seeing the problem and doing something about it before it got as bad as it did.

We shouldn't expect private business to do anything but seek to maximize profit because that's their purpose. The folly is expecting that in the process they will naturally do what is optimal for society in general. It's the job of government to put proper guardrails in place and to enforce them.

Are you saying businesses shouldn't overproduce and stop growing?

I mean, if the the demands not there and they start losing money then that problem will self correct itself overtime.

Have_A_Cigar posted...

We can agree to disagree. But I'm glad you have enough confidence and faith that the US government can get anything worthwhile accomplished. I remember when I had those illusions as well when I was younger. Get another decade or so experience under your belt and let's see how that works out for ya.

<img src="https://i.kym-cdn.com/photos/images/newsfeed/000/712/699/08d.jpg">

Recognising that conservatives being small government is a made up sham =/= liking the government.

I hate the government, and I hate conservative governments the most.

UnsteadyOwl posted...

It's the job of government to put proper guardrails in place and to enforce them.

The problemis that under capitalism, businesses will always fight tooth and nail to prevent these guardrails.

The actual solution is a change to the system.

IceCreamOnStero posted...

The problemis that under capitalism, businesses will always fight tooth and nail to prevent these guardrails.

The actual solution is a change to the system.

Some kind of major change is needed. The way it is now, even if you get into politics with the best of intentions you have to go wealthy donors for money because otherwise you'll never get elected.