Personally I'v always thought of corporations to be greedy entities that Overcharge me on anything They possibly can.
Many corporations Mislead clients,rip clients off or just don't make sure hard enough that their clients get the best treatment and wont suffer from any errors caused by a lack of proper communication and proper structuring of the company itself.
Who's fault is it?
Are the clients doing something wrong?maybe we are not smart enough to research into detail the companies we get services or products from and make sure they have a high level of integrity and customer care and thus only use their services.
Is it the system's fault?
Maybe the system is built in such a way so that companies that exploit every hole in the code book to succeed are the ones that survive and the ones that try and be "good" fall to the sidelines?
How can society combat with these issues?
circumstances change,laws become obsolete thus allowing individuals or groups to exploit new virgin grounds and loopholes.
Corporations
Moderator: Moderators
Re: Corporations
this is exactly it.Gota wrote:Maybe the system is built in such a way so that companies that exploit every hole in the code book to succeed are the ones that survive and the ones that try and be "good" fall to the sidelines?
Re: Corporations
I like your simple views on life yan, I wish I was able to be so simple about things.
Re: Corporations
Work on it.smoth wrote:I like your simple views on life yan, I wish I was able to be so simple about things.
Or maybe be a bit less condescending,and stop trying to convince yourself your smart enough to whatever self created standard that your striving for,and feeding your ego by diminishing the importance of others and their opinions?
Re: Corporations
The objective of any business is to maximize profit, Gota. Corporations are just risk structures, and have very little to do with the quality of service or value-for-money you receive.
You live in Isreal, so I would not be at all surprised to learn that it's not a healthy environment for businesses to grow and compete naturally... and the tales of political corruption that have affected your government over the last decade or so strongly suggest that your political class is fairly corrupt. Corruption in politics often leads to very bad business practices. Once businesses know that the best way to get ahead is to start bribing people, it's inevitable that they will do so. It's just human nature, Gota. People get greedy, or scared that they'll be screwed if they don't play ball. Happens all the time here, too, and sometimes it takes a lot of exposure before our government cleans up its act and fixes the issues.
Here in Indianapolis, for example, we just saw huge penalties awarded in lawsuits involving several concrete companies who had all colluded to fix the prices of concrete at an artificially high price. That kind of thing happens, and the only way to address it is to be aware that it happens, and be ready to do something.
Most giant corporations (your Wal-Marts and McDonalds, etc.) are very shy about bad press, and you can actually expect them to investigate any serious allegations and fix their problems. Where people tend to run into trouble is with corporations who have no local competitors, or who are shielded by the government from new businesses attempting to compete. Again, I don't know enough about Isreali economics to have a real clue... but it would not surprise me much to find that the Isreali government often screws around with competition in ways that are counterproductive, in the name of local politics. If that's the case... the solution is political.
Business is about making money, period. Business leaders like to say a lot things about how they're "serving the community", etc., but that's a lot of bullshit. The real way that "good" gets rewarded is by customers buying it because it makes sense. If it's "good" but overpriced, then it's not "good" in any sense.
Your objective, as a consumer, is to get the best deal you can. The objective of the business is to make as much money as possible.
You and the businesses only reach a point of congruence when they can make as much money as possible by offering you the best price. If that's not what's happening, then either consumers aren't aware of what the best price is, or you have a situation where competition isn't allowed, so you're all getting screwed, whether you're aware of it or not. Given Isreal's situation, it wouldn't surprise me much to learn that your government frequently screws up basic capitalism 101 in the name of local politics, which means you're probably paying far more for things than you should.
Personally, most of the times I've run into somebody blatantly over-charging me for something, it's a private company which has no competition. Take, for example, the prices in a rural grocery store with absolutely no competition, vs. what happens when there's a Wal-Mart within 20 miles (sorry, I know that's probably not a situation you get in Isreal, given the size, but it's a pretty common situation in Indiana, which is largely rural). And the Wal-Marts of the world rarely charge anywhere near what a private business in that situation would do, because they make their money on volume, and can afford to spread their margin over their inventory a lot more efficiently.Overcharge me on anything They possibly can.
That sounds more like a problem with political corruption (i.e., the people supposed to be keeping an eye on your local corporations aren't doing their jobs) and a lack of competition. Corporations in competitive environments where they can't easily collude in price-fixing arrangements or otherwise distort price don't tend to behave this way.Many corporations Mislead clients,rip clients off or just don't make sure hard enough that their clients get the best treatment and wont suffer from any errors caused by a lack of proper communication and proper structuring of the company itself.
You live in Isreal, so I would not be at all surprised to learn that it's not a healthy environment for businesses to grow and compete naturally... and the tales of political corruption that have affected your government over the last decade or so strongly suggest that your political class is fairly corrupt. Corruption in politics often leads to very bad business practices. Once businesses know that the best way to get ahead is to start bribing people, it's inevitable that they will do so. It's just human nature, Gota. People get greedy, or scared that they'll be screwed if they don't play ball. Happens all the time here, too, and sometimes it takes a lot of exposure before our government cleans up its act and fixes the issues.
Here in Indianapolis, for example, we just saw huge penalties awarded in lawsuits involving several concrete companies who had all colluded to fix the prices of concrete at an artificially high price. That kind of thing happens, and the only way to address it is to be aware that it happens, and be ready to do something.
Usually, it's the fault of the consumers who aren't using their economic/political clout to alter the situation. If a business is really screwing you over... complain! If it's a large multinational corporation, send complaints to their global headquarters. Find other people online who have had the same problems, form a group, and talk about it via Twitter, etc.. If it's really serious, send email to your local and national government representatives. Don't just sit around and bitch about it, basically- if you're having a serious problem with a company, and they won't make things right... do something.Who's fault is it?
Most giant corporations (your Wal-Marts and McDonalds, etc.) are very shy about bad press, and you can actually expect them to investigate any serious allegations and fix their problems. Where people tend to run into trouble is with corporations who have no local competitors, or who are shielded by the government from new businesses attempting to compete. Again, I don't know enough about Isreali economics to have a real clue... but it would not surprise me much to find that the Isreali government often screws around with competition in ways that are counterproductive, in the name of local politics. If that's the case... the solution is political.
It depends. Do the clients have meaningful choices, and are spending their money on A, because of local politics / cultural bias, when they'd get a better deal with B? Or does B not exist? When B doesn't exist, it's usually a problem of government (with a few exceptions).Are the clients doing something wrong?
Surely you folks have an equivalent to Craigslist, etc. If not... start one! The best way to keep businesses honest is through making information available, frankly. If everybody knows that shopping with A is a good way to get screwed, but B offers great service at a premium price and C offers a low price but fairly crappy service... well, there are choices. Corruption and bad business thrive in situations where consumers aren't sufficiently aware of their choices.maybe we are not smart enough to research into detail the companies we get services or products from and make sure they have a high level of integrity and customer care and thus only use their services.
There is no "good" in business, Gota.Maybe the system is built in such a way so that companies that exploit every hole in the code book to succeed are the ones that survive and the ones that try and be "good" fall to the sidelines?
Business is about making money, period. Business leaders like to say a lot things about how they're "serving the community", etc., but that's a lot of bullshit. The real way that "good" gets rewarded is by customers buying it because it makes sense. If it's "good" but overpriced, then it's not "good" in any sense.
Your objective, as a consumer, is to get the best deal you can. The objective of the business is to make as much money as possible.
You and the businesses only reach a point of congruence when they can make as much money as possible by offering you the best price. If that's not what's happening, then either consumers aren't aware of what the best price is, or you have a situation where competition isn't allowed, so you're all getting screwed, whether you're aware of it or not. Given Isreal's situation, it wouldn't surprise me much to learn that your government frequently screws up basic capitalism 101 in the name of local politics, which means you're probably paying far more for things than you should.
Last edited by Argh on 14 Sep 2009, 00:50, edited 1 time in total.
Re: Corporations
How about we start a spring corporation to overcharge people for games and reimburse us for this evil?
Re: Corporations
Heh.
Smoth is probably eating his sox off right now since there is no way he knows as much as you do ARGH.
Wait sir if you hear about Corruption in the government isn't that a good thing?
I mean if its all corrupt nobody would get caught.
Argh can u plz analyze Israeli economy a bit and tell me what to do and whats wrong.
Smoth is probably eating his sox off right now since there is no way he knows as much as you do ARGH.
Wait sir if you hear about Corruption in the government isn't that a good thing?
I mean if its all corrupt nobody would get caught.
Argh can u plz analyze Israeli economy a bit and tell me what to do and whats wrong.
Re: Corporations
Well, if you want to do serious analysis, you could start with the World Bank's statements about Isreal (a synthesis of many sources):
http://info.worldbank.org/governance/wgi/index.asp
It should be said, of course, that such reports are general in nature, not specific analysis- for all I know, you're pissed because your local grocery store over-charges you, or because your life has been severely impacted by Isreal's recession.
http://info.worldbank.org/governance/wgi/index.asp
It should be said, of course, that such reports are general in nature, not specific analysis- for all I know, you're pissed because your local grocery store over-charges you, or because your life has been severely impacted by Isreal's recession.
Re: Corporations
Not much recession in Israel compared to US or Europe tbh.
