I Found the Best Burger Place in America, Then I Killed It

Re:I Found the Best Burger Place in America, Then I Killed It by pbhjpbhj on Friday November 16, 2018 @02:36PM (#18471357)

Can't you buy a burger place, reduce the price to give zero profit, adjust the price on the fly to ensure zero profit.

Sure you won't necessarily meet demand, but there's no inherent reason quality need suffer(?).

Or, have a coop where staff wages soak up all excess revenue, giving zero profit.

You'd want a contingency, and a savings account if you seek to expand the business, but they're not profit.

We could do that with all businesses I think.

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Re:I Found the Best Burger Place in America, Then I Killed It by dcow on Friday November 16, 2018 @03:09PM (#18471589)

I love this idea: zero profit capitalism. Sure some people would abuse savings accounts more than others, but taxing standing profits on a gradually increasing scale the longer they stand (sure the market already does this at a minute level, but it's not enough to deter wealth hoarding) seems like an effective way to solve the wealth extraction problem corporations introduce.

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Re:I Found the Best Burger Place in America, Then I Killed It by ryneandal on Friday November 16, 2018 @03:21PM (#18471668)

Brings to mind Paul Newman: https://newmansown.com/

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Re:I Found the Best Burger Place in America, Then I Killed It by ams6110 on Friday November 16, 2018 @03:22PM (#18471677)

Zero-profit capitalism has another name: hobby.

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Re:I Found the Best Burger Place in America, Then I Killed It by pbhjpbhj on Friday November 16, 2018 @04:18PM (#18472048)

If it pays for your living it's not a hobby.

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