Define CORPORATE GREED...

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Dude Walker

New DJ
Feb 4, 2007
334
0
61
Fargo, ND
Without using a dictionary, a persons name, company reference, political ideal...or any entity or persona of ODJT.
 
For me it's simple:

Putting profits above all else even when slightly less profitable alternatives exists that would be (more) beneficial for your consumers yet refusing to use or follow through on that alternative because all you're worried about is your quarterly earnings/holdings report.
 
You make it sound like it is a bad thing....

Greed is what makes us all do what we do,,, Corporate greed is just at a higher level than what we are doing....

Think about it, it is greed that drives us,,, we all need & want to make money, that's greed,,,,, and be honest,,, down deep, wouldn't you love it if you put all other DJ's in your area out of business?

I don't mean that in a mean way, but why wouldn't you want to be the only game in town?

It may not be what we are striving to do, I'm not, but what if? Wouldn't it be cool? Greed works.... Michael Douglas in Wall Street
 
I have a corporation.

My accountant will be here tomorrow for his check, and me to sign my money away.


I could easily remove the ", Inc", go back under the table, and not support both our industry, and my country.

Not all of us INCs, are in it just for the money...:sqwink:
 
Current: Stock market declines 10%, gas prices immediately rise 10%.

Mr. Oil is going to get his/her monthly billion dollar allowance whether Wall Street or John Q Public has to pay. Doesn't matter who or how as long is it is.
 
Mercedes-Benz has the highest priced autos, yet they are the most unreliable and trouble-prone, according to the latest issue of consumer reports!

they are the epitome of corporate greed......living off their reputation, but producing cars that break more often than Chryslers (the company they gobbled up).

Another example would be Sub-Zero refrigerators......and Viking stoves.

both companies live off their reputations, but fact is they are the most trouble-prone kitchen appliances made, with over 30% needing repairs in the past two years.

finally, you have Dyson vacuum cleaners. According to Consumer Reports, a $200 Hoover vaccuum will clean better than the $700 Dyson. But they advertise alot, and people seem to buy the Dysons....Costco seems to sell quite a few of them (although they probably sell more Hoovers).

Corporate greed is rampant, but the consumers continue to buy their crappy products.

What does that say to us, as DJs?
 
There was an era in this country's past when corporate greed was truly greed. Teddy Roosevelt took on the mammoth trusts ~ and leveled them.

Capitalism has often been mislabeled as "greed". Marx, Lenin, Castro and others have promoted the misnomer.

Look at their standards of living... :eek:

A publicly traded company's stock price is important. If the company doesn't make more money every year its stock is devalued and shareholders dump it. Dumping of stock may further devalue the company's perceived stability. Even if your stock is worth but a dollar per share it should be worth more than a buck at the end of the fiscal year. :)

But I digress. IMHO, corporate greed occurs when the interests of corporate are placed above the best interests of those who are affected by it. Those affected include shareholders, employees, customers, end users, the community etc.

Enron is a textbook example of corporate greed.
 
In my opinion, there is no such thing as corporate greed. We live in a free market economy. If you provide a product or service, you should be able to sell said product or service without the interference of any government, as long as the product/service you are selling does not harm the public (and yes, I am talking to you cigerette makers).
 
Without using a dictionary, a persons name, company reference, political ideal...or any entity or persona of ODJT.

"Well, the definition of greed is"........wait, can't say that....

....."Abraham Lincoln once said that"........uh, no, that won't work...

Hmmm? "Ever see that TV ad where the guy"........Damn! This is hard....

...."Let's say you were trying to get some votes and you".......DOH!

Oh, I got it! "At the seminar last month Mr. Me' ".........CRAP!







I got nothing







.
 
In my opinion, there is no such thing as corporate greed. We live in a free market economy. If you provide a product or service, you should be able to sell said product or service without the interference of any government, as long as the product/service you are selling does not harm the public (and yes, I am talking to you cigerette makers).

At least partially correct. The fact is that greed is a human emotion. A corporation is merely a legal entity having no emotion, hence, no greed. The purpose of a corporation is to make money. It's the people that take more from a corporation, or who run it without ethics that are greedy.