Word: profitsã
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...shows that his company, at least, can treat both its employees and the environment with respect.The future founders, chairmen, and chief executive officers here on campus would do well to learn a little from Chouinard. Companies do not have to be all about lower marginal costs and higher profits??€”they can also be about their people and the ecosystem. And if Chouinard’s business model ever sounds dubious or runs contrary to what you learned in Ec 10, just open your closet and take a long look at your Patagonia fleece jacket.Unfortunately, Chouinard?...
...dead wrong on healthcare. Medicare spends 2 to 3 percent of its budget on administration, compared to nearly 10 percent in the private sector. Far from being a massive government bureaucracy, Medicare is a relatively efficient program that avoids many of the costs—like marketing and profits??€”that divert money paid into private health insurance companies from going towards quality care. Medicare has also led the way in developing techniques to control increasing healthcare costs. Before most private insurers had any idea what to do about rising healthcare costs, Medicare instituted the Prospective Payment System, which...
Several also suggested area universities—currently classified as tax-exempt non-profits??€”should be taxed...
...Market Theater, designed to replace the old theater by the same name that Carr closed in May, was to be a four-story performing arts complex—a theater, a café and low-cost office space for non-profits??€”spanning at least 40,000 square feet of floor space at the intersection of Mass. Ave. and Arrow Street...
...degree to which they want to insult their customers. Until the industry delivers a model in which users pay a single subscription of $10-$20 per month for unlimited and unhindered access to music, movie and other entertainment files—a model which would still guarantee monstrous profits??€”I can see no moral problem with downloading files through post-Napster tools like Gnutella and Morpheus. Owners of IP must recognize that marginal pricing should only reflect marginal cost. Until then, the only way to express our dissatisfaction is to refuse to participate in this new, awful model...