(05-25-2016, 04:18 PM)taramarie Wrote: Makes total sense to me. I see it this way. If you have money or resources and give it away to people, they will benefit in the short term but the giver is getting nothing in return. The giver has to make a profit off it somehow to afford to keep this service running. Eventually as they are not making profit it will destabilize and so the center of which was providing this resource will crumble and take everyone down with it. But not before quality service crumbles beforehand. Well, that is the simple way i can see it as. I am no business person. Just a mere designer/writer. I am just picking up pieces which i can understand by listening to those who know more about this topic than I. To make it more personalized helps me see the weaknesses of socialism when implemented by the government and not on an individual level.
By definition socialism is implemented by government.
On the other hand you are doing better right now than most people much older than you are at understanding the role of profit and loss as a signal of success or failure for an established business or entrepreneur. Success and failure are paired dualities and must be allowed to proceed without hindrance otherwise we are without a rudder.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises