13
submitted 10 months ago by OneRedFox@beehaw.org to c/socialism@beehaw.org
you are viewing a single comment's thread
view the rest of the comments
[-] C4d@beehaw.org 7 points 10 months ago* (last edited 10 months ago)

They really struggle to understand that all businesses have departments that consume money and departments that generate profit (cost centres and profit centres); not every part of the system makes money, but the parts that do (Sales) need the support of departments that don't (Human Resources, Accounts, Legal) - get the balance right and you have a resilient organisation that will do well.

Public spending and the public sector are a bit like the cost centres of a business. Having high quality public education, healthcare and transport creates and supports an environment in which free enterprise has access to a skilled, healthy and mobile workforce; the profits naturally follow. Balance that properly with appropriate taxation and the system trundles on...

[-] frog@beehaw.org 6 points 10 months ago

Absolutely agreed! I feel this is especially visible with the public transport sector. The British government seems convinced that buses and trains ought to be profit-making on their own, to the point that "unprofitable" routes get cancelled, cutting off entire communities from the nearest town. When in reality, public transport should be considered a cost centre, which "loses" money when run, but enables profit elsewhere. I actually wonder whether the widespread issues of town centre demise would still be a problem if there was adequate public transport to make going shopping locally quicker than waiting for Amazon to deliver it, and shops with businesses in them would surely be better for the economy than empty shops...

this post was submitted on 09 Aug 2023
13 points (100.0% liked)

Socialism

2786 readers
2 users here now

Beehaw's community for socialists, communists, anarchists, and non-authoritarian leftists (this means anti-capitalists) of all stripes. A place for all leftist and labor news and discussion, as long as you're nice about it.


Non-socialists are welcome to come to learn, though it's hard to get to in-depth discussions if the community is constantly fighting over the basics. We ask that non-socialists please be respectful and try not to turn this into a "left vs right" debate forum by asking leading questions or by trying to draw others into a fight.


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 1 year ago
MODERATORS