Re:Sennheiser HD 555 to HD 595 Mod
by flushit on Monday June 19, 2023 @03:59AM
(#36388468)
> I see very little reason in cancelling profitable projects.
Happens all the time everywhere. Money wants to maximize profits. If company A brings you 2% return and company B 5%, then the money will gravitate towards company B. It's not that company A doesn't have profitable projects, perhaps all of their projects are profitable. But just less so than company B, on weighted average. And that's not bad. A reasonable society prefers to use its resources optimally. That's where market mechanisms and society objectives align, and that's why we are embracing a market-based economy. (There are other factors than profits of course, and that's where government regulation comes in. But all else equal, the above example of companies A and B holds and illustrates my point.)
I encourage you to try a management role in a for-profit business and after a few years we can chat again.
> Also, framing my comment as a "misconception" is kinda indisgenious.
Sorry, I didn't mean to offend. I just see this line of arguments now and then and it seems to me that there is some fundamental knowledge of the involved mechanisms lacking.
Happens all the time everywhere. Money wants to maximize profits. If company A brings you 2% return and company B 5%, then the money will gravitate towards company B. It's not that company A doesn't have profitable projects, perhaps all of their projects are profitable. But just less so than company B, on weighted average. And that's not bad. A reasonable society prefers to use its resources optimally. That's where market mechanisms and society objectives align, and that's why we are embracing a market-based economy. (There are other factors than profits of course, and that's where government regulation comes in. But all else equal, the above example of companies A and B holds and illustrates my point.)
I encourage you to try a management role in a for-profit business and after a few years we can chat again.
> Also, framing my comment as a "misconception" is kinda indisgenious.
Sorry, I didn't mean to offend. I just see this line of arguments now and then and it seems to me that there is some fundamental knowledge of the involved mechanisms lacking.