#MarketForces

[sublimeobservationarcade]

Housing Crises Happening All Over The World

There are housing crises happening all over the world. Rents have sky rocketed and property prices are unaffordable for many citizens. Market forces are not meeting the needs of the people. Some operators within the industry are telling us that it is all about a shortage of housing stock. However, houses and property are so expensive now it is no easy thing to just build more houses. Quite simply, the current set up is not working. Providing shelter is a basic prerequisite for governments in their role of looking out for their citizens. The economic settings are making some people wealthy via property ownership and another section of the community poor because of their omission in this regard. Figure 3.1Development of house prices, Australia, 1996��2021

Source: OECD, HM1.2 Housing prices (spreadsheet 1.2.1 AUS), https://www.oecd.org/housing/data/affordable-housing-database/housing-market.htm (accessed 3 October 2023) - (https://www.aph.gov.au/Parliamentary_Business/Committees/Joint/Northern_Australia/WorkforceDevelopment/First_Report/Chapter_3_-_Background_on_housing) “Among renters and mortgagees combined, it found 75 per cent of people are scared about their financial security because of the housing crisis.” - (https://www.abc.net.au/news/2023-07-24/survey-finds-majority-of-australians-living-under-housing-stress/102639122)

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Market Forces Have Failed The People In Housing

Government for all of the people is another general credo that most elected governments claim adherence to. It seems that we are returning to pre-Enlightenment times when the propertied class was drastically favoured by the governments of the day. Neoliberalism has created an unfair 2 speed economy, the ‘haves’ and ‘have nots’. The gulf between these two groups is widening more and more in terms of wealth and opportunity. Housing has become the flash point for social unrest. Families living in tents on the fringes of cities is not conducive to a socially cohesive whole. Poverty invariably produces crime and divisiveness. “Low standards and rising rents in the private rented sector are not the UK’s only housing problem. Recent rises in homelessness and rough sleeping, and the lack of affordable homes for sale and for social rent, also need addressing. “ - (https://www.theguardian.com/commentisfree/2023/nov/14/the-guardian-view-on-renting-in-britain-the-housing-crisis-is-also-a-health-crisis) “Just 15.5% of homes for sale were affordable for a typical U.S. household, the lowest share since Redfin started tracking this a decade ago. A home is deemed affordable if the estimated mortgage payment is no more than 30% of the average local monthly income. Affordability plunged 40% from before the pandemic, and 21% from just last year. Redfin says spiking mortgage rates were a key reason why.” - (https://www.npr.org/2023/12/24/1221480443/most-homes-for-sale-in-2023-were-not-affordable-for-a-typical-u-s-household#:~:text=Housingaffordabilityhitanewlowin2023Theshare,pacewithspikingmortgagerates.)

Photo by Mike Bird on Pexels.com Governments Must Step Up To Prioritize Housing Their Citizens If governments cannot oversee economies that provide fair opportunity for all of their citizens it is a failure of government. If these governments are in thrall to the money and power of the wealthy and those with vested interests it produces the stark imbalance we are seeing now. Government agencies like the ACCC and ASIC are supposed to monitor the market to ensure a reasonably fair and competitive marketplace. Duopolies and oligopolies are failures to get the job done in this regard. We are living in a time of the greatest concentration of market power in too few hands ever seen before. Toothless tigers are rife in the halls of power, having been bought off with well paid job opportunities and other corrupt means. Politicians and public servants are in the pockets of wealthy corporations. The love of private property ownership has pervaded relentlessly through all levels of government and the greater community. Nothing really stands in its way.

Photo by Monstera Production on Pexels.com Private Wealth Struggles With Social Problems Property ownership is the main means for the creation of generational wealth for the average citizen in the 21C. This is becoming increasingly expensive to manage and many citizens are locked out of the property market due to its high costs and returns. A Frankenstein monster has been created by the banks, property sector, and complicit governments. Housing is no longer shelter first and foremost it is another financial product. The financialization of all aspects of life continues apace. The money market’s rapacious appetite for ever more profits and growth turn everything into a financial product. The Commonwealth Bank of Australia declared a $10 billion profit in the last financial year. Lending money for mortgages is the bread and butter for many banks globally.

Photo by Jan van der Wolf on Pexels.com Financialization Buggering Up Housing For Shelter Requirements When are we going to wake up to the fact that this financialization is making the lives of many people miserable. The 2008 Global Financial Crisis was at its root a subprime mortgage loan debacle. This brought the house of cards down and cost global economies some $30 trillion. The money market driven by the pension fund managers is forever looking for higher returns. It is a desperate dance on the edge of risk and reward. Capitalism has morphed into this crazy high stakes game played with the homes and assets of real people rolled into faceless financial products for banks to deal and bet with. Profits and higher returns on investments are rolling over the lives of ordinary people like a grader flattening the landscape for future development. Nations are getting ever bigger via population growth, which means larger governments and more massive corporations. Individual lives are being lost to the proliferation of powerful entities which matter more, it seems. Housing crises are happening all over the world and market forces are definitely not the answer.   Robert Sudha Hamilton is the author of Money Matters: Navigating Credit, Debt, and Financial Freedom.   ©MidasWord

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[inspiration-3000]

Profit Motive: A Comprehensive Guide to its 10 Impact

The profit motive is a critical driver in the world of business. The force propels entrepreneurs to innovate, businesses to compete, and economies to grow. But the profit motive is not just about making money. It's about creating value, improving efficiency, and contributing to societal progress. In this comprehensive guide, we'll explore the many facets of the profit motive, from its role in different economic systems to its ethical implications and impact on the economy.

Understanding the Profit Motive

What is the Profit Motive?

Understanding The Profit Motive What Is The Profit Motive? The profit motive is the incentive that drives businesses and entrepreneurs to strive for maximum profits. It's the heartbeat of economic activity, pushing individuals and companies to innovate, compete, and create wealth. The profit motive is the driving force behind the economic activity of businesses. The desire to profit motivates entrepreneurs to take risks, innovate, and strive for efficiency. The profit motive is the engine that powers the market economy, driving businesses to produce goods and services that consumers want and need. What is a Profit Motive Example? Profit Motive in Entrepreneurship Consider a tech entrepreneur who develops a groundbreaking app. Their primary goal? This profit motive pushes them to innovate, improve the app, and outperform competitors. The entrepreneur's profit motive is not just about making money. It's about creating customer value, improving the user experience, and positively impacting society. Profit Motive in E-commerce Sales In e-commerce, businesses strive to increase their average order value and customer retention rates, driven by profit. But the profit motive in e-commerce is not just about maximizing profits. It's about understanding customer needs, providing excellent customer service, and building long-term customer relationships.

The Profit Motive in Different Economies

What Type of Economy is the Profit Motive? Profit Motive in Capitalism In a capitalist economy, the profit motive reigns supreme. Private ownership and free markets allow businesses to strive for profit maximization, driving economic growth and innovation. But capitalism is not just about making profits. It's about creating customer value, improving efficiency, and contributing to societal progress. Profit Motive in Market Economy In a market economy, the profit motive guides businesses to efficiently respond to market forces, producing goods and services that consumers desire. The profit motive in a market economy is not just about making profits. It's about understanding market trends, responding to consumer needs, and creating customer value. What is the Profit Motive of Marxism? Contrasting Profit Motive and Marxist Economics In Marxist economics, the profit motive is often criticized for leading to exploitation and inequality. Instead, the focus is on collective ownership and meeting societal needs. But Marxist economics is not just about rejecting the profit motive. It's about promoting social justice, equality, and the common good.

The Profit Motive and Competition

The Profit Motive And Competition What is the Profit Motive and Competition? The Interplay of Profit Motive and Business Competition The profit motive and competition go hand in hand. Businesses compete to maximize profits, leading to better products, lower prices, and improved efficiency. But competition is not just about making profits. It's about improving products and services, meeting customer needs, and contributing to societal progress.

The Ethical Dimensions of Profit Motive

Is Profit Motive Good or Bad? The Positive Impact of Profit Motive The profit motive can drive innovation, job creation, and economic growth. It encourages businesses to improve their products and services, benefiting consumers and the economy. But the profit motive is not just about making money. It's about creating value, improving efficiency, and contributing to societal progress. Potential Downsides and Exploitation in Business However, unchecked profit motives can lead to unethical business practices and exploitation. It's crucial to balance profit motives with ethical considerations. But unethical business practices are not just about making profits. They're about exploiting workers, harming the environment, and undermining societal values. What is an Example of a Bad Profit Motive? Unethical Business Practices Driven by Profit Motive An example of a lousy profit motive could be a company that exploits its workers or harms the environment to increase profits. But the wrong profit motive is about more than just making money. It's about disregarding ethical standards, harming stakeholders, and undermining societal values.

Profit Motive in Different Business Structures

What are Profit Motive and Non-Profit Motive? Profit Motive in For-Profit Organizations The profit motive drives for-profit organizations. They aim to maximize profits to provide returns to their owners or shareholders. But the profit motive in for-profit organizations is not just about making money. It's about creating customer value, improving efficiency, and contributing to societal progress. The Role of Non-Profit Motive in Charitable Organizations Non-profit organizations, on the other hand, are driven by a mission rather than profit. They reinvest surplus funds into their mission rather than distributing it to owners or shareholders. But the non-profit motive is not just about rejecting the profit motive. It's about promoting social justice, equality, and the common good.

The Impact of Profit Motive on the Economy

How Does Profit Motive Affect the Economy? Profit Motive and Wealth Creation The profit motive drives businesses to create wealth, contributing to economic growth and prosperity. But wealth creation is not just about making profits. It's about improving products and services, meeting customer needs, and contributing to societal progress. Profit Motive and Job Creation By striving to maximize profits, businesses can also create jobs and contribute to economic expansion. But job creation is not just about making profits. It's about improving products and services, meeting customer needs, and contributing to societal progress.

Profit Motive and Employee Benefits

Profit Motive And Employee Benefits Profit-Sharing Plans and Employee Compensation How Profit Motive Influences Employee Benefits The profit motive can have a significant impact on employee benefits. Businesses driven by profit are often motivated to invest in their employees, recognizing that a happy, healthy, and motivated workforce can contribute to increased productivity and, ultimately, higher profits. It can lead to the implementation of comprehensive benefits packages, including health insurance, retirement plans, and even profit-sharing schemes. The Role of Profit-Sharing Plans in Business Profit-sharing plans are a prime example of how the profit motive can directly benefit employees. These plans distribute a portion of a company's profits among its employees, aligning the workforce's interests with the business's financial success. It provides employees with a substantial share of the profits they helped to generate and fosters a sense of ownership and commitment to the company's success.

Profit Motive and Taxation

Corporate Tax and Profit Motive How Profit Motive Influences Corporate Tax Strategies The profit motive can also influence a company's approach to taxation. Businesses seeking to maximize profits may employ various strategies to minimize their tax liabilities, such as taking advantage of tax credits, deductions, and incentives. While these strategies are legal and often encouraged by tax policy, they illustrate how the profit motive can drive businesses to optimize all aspects of their operations, including their tax planning. Personal Income Tax and Profit Motive The Interplay of Profit Motive and Personal Income Tax On a personal level, the profit motive can influence decisions about income and taxation. For example, profit-motivated entrepreneurs may reinvest earnings into their businesses to fuel growth and minimize income tax liability. It illustrates how the profit motive can shape financial decision-making at both the corporate and individual levels.

Profit Motive and Business Efficiency

The Role of Profit Motive in Business Efficiency Profit Motive and Cost Reduction The desire for profit can drive businesses to become more efficient and reduce costs. It could involve streamlining operations, investing in technology, or finding more cost-effective suppliers. Businesses can increase their profit margins by reducing costs, demonstrating how the profit motive can improve business efficiency. Profit Motive and Sales Increase Similarly, the profit motive can drive businesses to increase sales. It could involve expanding into new markets, launching new products, or investing in marketing and advertising. By increasing sales, businesses can boost their profits, further illustrating the influential role of the profit motive in driving business growth and success.

Profit Motive and Market Forces

Profit Motive And Market Forces The Interplay of Profit Motive and Market Forces How Profit Motive Responds to Supply and Demand The profit motive is intrinsically linked to the fundamental market forces of supply and demand. Businesses, driven by the desire to maximize profits, respond to changes in these forces. For instance, if a product's demand increases, a profit-motivated business would increase production to meet this demand and capitalize on the potential for increased sales and profits. Profit Motive and Price Determination Price determination is another area where the profit motive and market forces intersect. Businesses aim to set prices to maximize profits, considering production costs, competition, and consumer willingness to pay. This dynamic pricing strategy, driven by the profit motive, plays a crucial role in the efficient functioning of markets.

Profit Motive and Innovation

The Role of Profit Motive in Business Innovation How Profit Motive Drives Innovation The profit motive can be a powerful catalyst for innovation. In their quest for increased profits, businesses are incentivized to develop new products, improve existing ones, or find more efficient production methods. This drive for innovation benefits businesses in terms of potential profit growth and contributes to societal progress by introducing new technologies, products, and services. Profit Motive and Risk Management Innovation often involves risk, and the profit motive plays a role here too. Businesses must balance the potential profits from an innovative idea with the risks involved in its development and implementation. This risk management aspect of the profit motive encourages businesses to make calculated decisions that can lead to sustainable profit growth.

Profit Motive in the Global Economy

The Impact of Profit Motive on Global Trade How Profit Motive Influences International Business In the global economy, the profit motive influences international business decisions. Companies seeking to maximize profits may enter foreign markets, source materials from overseas, or establish international partnerships. These decisions, driven by the profit motive, contribute to the interconnectedness of the global economy and can lead to economic growth and development in different parts of the world. Profit Motive and Corporate Social Responsibility As businesses operate globally, they also face increasing scrutiny regarding their social and environmental impact. Here, the profit motive must be balanced with corporate social responsibility. Companies recognize that long-term profitability is linked to sustainable and ethical business practices. This shift represents an evolution of the profit motive, incorporating a broader range of considerations beyond immediate financial gain.

Profit Motive and Consumer Behavior

The Influence of Profit Motive on Consumer Choices How Profit Motive Shapes Product and Service Offerings The profit motive significantly influences the range of products and services available to consumers. Businesses, driven to maximize profits, strive to offer products and services that meet consumer needs and preferences. This dynamic interaction between the profit motive and consumer behavior shapes the marketplace, leading to diverse offerings catering to various consumer needs and tastes. Profit Motive and Customer Experience The profit motive also impacts the customer experience. Businesses recognize that providing a positive customer experience can increase customer loyalty, repeat business, and positive word-of-mouth, boosting profits. As such, the profit motive can drive businesses to invest in customer service, user-friendly interfaces, and other aspects of the customer experience.

Profit Motive and Social Impact

The Role of Profit Motive in Social Entrepreneurship Balancing Profit Motive and Social Impact In recent years, the concept of social entrepreneurship has gained traction. Social entrepreneurs balance the profit motive with the desire to make a positive social impact. They build businesses that aim to solve social problems or meet societal needs while generating profits. This approach represents a new way of thinking about the profit motive, demonstrating that businesses can be both profitable and socially responsible. Profit Motive and Social Innovation The profit motive can also drive social innovation. Businesses, particularly those in the social enterprise sector, are motivated to develop innovative solutions to social problems in their quest for profits. It can lead to developing products and services that generate profits and contribute to societal well-being.

Profit Motive and Sustainability

The Intersection of Profit Motive and Environmental Sustainability Profit Motive and Sustainable Business Practices The profit motive can play a significant role in promoting environmental sustainability. Businesses increasingly recognize that sustainable business practices can lead to cost savings, improved brand reputation, and increased customer loyalty – all of which can boost profits. This realization drives businesses to adopt energy efficiency, waste reduction, and sustainable sourcing practices, demonstrating how the profit motive can contribute to environmental sustainability. Profit Motive and Green Innovation Similarly, the profit motive can spur green innovation. In their quest for profits, businesses are motivated to develop innovative, profitable, and environmentally friendly products and services. It can lead to the development of green technologies, renewable energy solutions, and other innovations contributing to environmental sustainability.

Profit Motive and Corporate Governance

Profit Motive And Corporate Governance The Role of Profit Motive in Corporate Governance Profit Motive and Shareholder Value The profit motive plays a significant role in corporate governance, particularly in the context of shareholder value. Companies are often driven to maximize shareholder value, typically increasing profits. This focus on profit maximization can influence a wide range of corporate governance decisions, from strategic planning and risk management to executive compensation and dividend policies. Profit Motive and Corporate Ethics However, the pursuit of profits must be balanced with ethical considerations. Corporate governance mechanisms, such as codes of conduct, ethics committees, and whistleblower policies, can ensure that the profit motive does not lead to unethical or illegal behavior. This balance between profit maximization and ethical conduct is critical to good corporate governance.

Profit Motive and Economic Policy

The Influence of Profit Motive on Economic Policy Profit Motive and Tax Policy The profit motive can influence economic policy, particularly tax policy. Governments often use tax incentives to motivate businesses to invest, create jobs, or undertake specific activities. These incentives are based on the understanding that the profit motive drives businesses and will respond to opportunities to increase their profits. Profit Motive and Regulatory Policy The profit motive also plays a role in regulatory policy. Governments must balance the desire to foster a business environment that maximizes profit with the need to protect consumers, workers, and the environment. This balance is often achieved through regulations that set standards for business conduct while allowing businesses to earn profits.

Profit Motive and the Future of Business

The Evolving Role of Profit Motive in Business Profit Motive and the Triple Bottom Line The role of the profit motive in business is evolving. More and more businesses are adopting the triple bottom line concept, emphasizing profits (the traditional bottom line) and social and environmental performance. This approach recognizes that businesses can pursue profits while contributing to social and environmental well-being. Profit Motive and Business Model Innovation The profit motive is also driving business model innovation. Businesses are exploring new ways to generate profits while creating value for customers, employees, and society. Read the full article

[marketforcecorp]

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Long live the Chief 🔊

#EuropeanUnionGDP📉 #SocialistGetRecked #RisingPrices #MarketForces #AfricanExports #WorldIslandTheory #RussiaWon #FreeMarket #IntraAfricanTrade #MoneyVelocity #HowToWakanda

[johnfabate]

The Bayard Method Delivers Consistent Betting Results

Based in New Jersey, John F. Abate leads lottery strategy companies such as Marketforcer and Wintracker (DBA Success Publishers, LLC). One of John F. Abate’s profit-multiplying systems is the Bayard Method, which distills the lessons of Jed Bayard, who holds records for major jackpots within one month and an up to 82 percent winning record in horse racing over 60 days. You can learn more about the Bayard Method here: http://bynd.hot-new-offers.com/

An underpinning of Bayard’s system is the realization that major jackpots occur more frequently once sales start dropping. When the big winner is announced, attention shifts to the lottery and the increased sales cycle begins again until a winner is announced. Understanding this dynamic allows the educated bettor to purchase lottery tickets only when the odds of winning are at the highest.

Another aspect of this is understanding that slot machines are rigged, with a few winning machines seeded among those that will lead to a losing session. By understanding the signs that you are at a winning slot machine and knowing how to play it, you significantly increase your odds of making cash.

Regarding horse racing, Bayard offers a system that moves beyond studying a horse’s past performance, which is not an accurate indicator of current odds. Instead, the bettor looks at the list of entries and selects the prospective winner based on readily available information. Cumulatively, these approaches enable a consistently winning approach across various betting modes.

[emekaulor]

Taxified!? #maps #mylgstory #taxy #bolt #taxify #marketforces #ehailing #owerri #localguides https://www.instagram.com/p/CFmXA7SFfsB/?igshid=1osboswpzwgq7

[nicklloydnow]

“Armenian director Artavazd Pelechian is one of the most visionary artists to have emerged from the Soviet Union, but like several of his friends making cinema in the then-existing republics of the South Caucasus, he struggled to work uninterrupted or breach the margins of canonised world film history. When he embarked on his career during the early 1960s, his near-wordless black-and-white films were way ahead of their time in blending the reality levels of documentary archive and poetic fiction. Their shortness of length and blurring of categories, though, reinforced their status as outliers, resistant to being co-opted and stripped of their arcane mystery by crass marketforces, and unlikely candidates for mainstream popularity. Pelechian has a near-cult core of devotees, and few initiated into the singular, intuitive strangeness of his montage experiments would argue with the evaluation of his contemporary, Georgian-Armenian maverick Sergei Parajanov, that he’s one of cinema’s rare ‘authentic geniuses’. For all that, his name is still rarely heard beyond cinephile circles.

(…)

Pelechian, who is now eighty-two years old, grew up in Armenia’s second-largest city, Leninakan (now called Gyumri). There was no cinema, let alone a film school. After working as a mechanical engineer for a while, he found his way, like many budding directors across the Soviet bloc, to Moscow to enrol at famed film institute VGIK. (As well as Pelechian, the school’s illustrious list of former students includes Parajanov, Mikhail Vartanov, Andrei Tarkovsky, Elem Klimov, Larisa Shepitko and Kira Muratova.) The surging movement of crowds and natural forces during states of upheaval and emergency recur in Pelechian’s work, established in his earliest shorts. The Beginning (1967) captures the revolutionary forces of history set in motion by 1917’s October Revolution in a distilled, ten-minute blizzard of 50 years of newsreel footage. We (1967) marks the trauma of the 1915 Armenian Genocide on the Armenian people – a modern cataclysm at that time, still little acknowledged – with a sombre, mesmeric weave of daily life and ritualised mourning. Inhabitants (1970) evokes the existential threat posed by humans through frenzied swirls and stampedes of panicked animals.

Most of Pelechian’s 13 films as director have been shorts (at just over an hour, Nature is an exception). Rhythmic, largely dialogue-free and classical music-driven, they operate at a subconscious level. Time can feel strangely stretched and looped in them, due to the ‘distance montage’ method he developed. Rather than assembling and juxtaposing shots directly beside each other to create meaning, as montage pioneer Sergei Eisenstein proposed, Pelechian separated linked or repeated images, inserting other frames between them so that they would reach back and forward across the film towards each other with reverberating energy, connecting the viewer with a grander-scale cosmic unity that absorbs all difference. ‘For me, distance montage opens up the mysteries of the movement of the universe. I can feel how everything is made and put together,’ he told the film critic Scott MacDonald in 1991.

Pelechian’s work at first hardly travelled, but he has enjoyed special appreciation in France since the 1980s, after film critic Serge Daney saw some of his films on a visit to Armenia and, blown away, wrote a glowing article for French newspaper Libération, declaring the director ‘a missing link in the true history of cinema’. French New Wave pioneer Jean-Luc Godard then became a vocal champion of Pelechian’s work and an eager conversational partner on montage and the essence of cinema, as both sought to push the medium’s possibilities.

(…)

In this maximalist visual symphony, soundtracked by Beethoven, Mozart, Shostakovich, Avet Terterian and Tigran Hamasyan, nature’s cataclysmic forces upend human habitation, perched precariously on land that is still for just a relative second of the planet’s billions of years of history. The sheer destructive might on show defies comprehension, let alone control, amid its terrible beauty. But morning breaks again. And if anything can contend with the ineffable, it’s filmmaking, according to Pelechian. ‘I am convinced that cinema can convey certain things that no language in the world can translate,’ he said in 2000, comparing it to the Tower of Babel; to before the world was drawn apart by languages. A cinema that trusts in unity’s eternal renewals out of chaos and heaving disruption may be just the salve for our treacherous times.”

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Jens Income Team Review

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Profit Motive: A Comprehensive Guide to its 10 Impact

The profit motive is a critical driver in the world of business. The force propels entrepreneurs to innovate, businesses to compete, and economies to grow. But the profit motive is not just about making money. It's about creating value, improving efficiency, and contributing to societal progress. In this comprehensive guide, we'll explore the many facets of the profit motive, from its role in different economic systems to its ethical implications and impact on the economy.

Understanding the Profit Motive

What is the Profit Motive?

Understanding The Profit Motive What Is The Profit Motive? The profit motive is the incentive that drives businesses and entrepreneurs to strive for maximum profits. It's the heartbeat of economic activity, pushing individuals and companies to innovate, compete, and create wealth. The profit motive is the driving force behind the economic activity of businesses. The desire to profit motivates entrepreneurs to take risks, innovate, and strive for efficiency. The profit motive is the engine that powers the market economy, driving businesses to produce goods and services that consumers want and need. What is a Profit Motive Example? Profit Motive in Entrepreneurship Consider a tech entrepreneur who develops a groundbreaking app. Their primary goal? This profit motive pushes them to innovate, improve the app, and outperform competitors. The entrepreneur's profit motive is not just about making money. It's about creating customer value, improving the user experience, and positively impacting society. Profit Motive in E-commerce Sales In e-commerce, businesses strive to increase their average order value and customer retention rates, driven by profit. But the profit motive in e-commerce is not just about maximizing profits. It's about understanding customer needs, providing excellent customer service, and building long-term customer relationships.

The Profit Motive in Different Economies

What Type of Economy is the Profit Motive? Profit Motive in Capitalism In a capitalist economy, the profit motive reigns supreme. Private ownership and free markets allow businesses to strive for profit maximization, driving economic growth and innovation. But capitalism is not just about making profits. It's about creating customer value, improving efficiency, and contributing to societal progress. Profit Motive in Market Economy In a market economy, the profit motive guides businesses to efficiently respond to market forces, producing goods and services that consumers desire. The profit motive in a market economy is not just about making profits. It's about understanding market trends, responding to consumer needs, and creating customer value. What is the Profit Motive of Marxism? Contrasting Profit Motive and Marxist Economics In Marxist economics, the profit motive is often criticized for leading to exploitation and inequality. Instead, the focus is on collective ownership and meeting societal needs. But Marxist economics is not just about rejecting the profit motive. It's about promoting social justice, equality, and the common good.

The Profit Motive and Competition

The Profit Motive And Competition What is the Profit Motive and Competition? The Interplay of Profit Motive and Business Competition The profit motive and competition go hand in hand. Businesses compete to maximize profits, leading to better products, lower prices, and improved efficiency. But competition is not just about making profits. It's about improving products and services, meeting customer needs, and contributing to societal progress.

The Ethical Dimensions of Profit Motive

Is Profit Motive Good or Bad? The Positive Impact of Profit Motive The profit motive can drive innovation, job creation, and economic growth. It encourages businesses to improve their products and services, benefiting consumers and the economy. But the profit motive is not just about making money. It's about creating value, improving efficiency, and contributing to societal progress. Potential Downsides and Exploitation in Business However, unchecked profit motives can lead to unethical business practices and exploitation. It's crucial to balance profit motives with ethical considerations. But unethical business practices are not just about making profits. They're about exploiting workers, harming the environment, and undermining societal values. What is an Example of a Bad Profit Motive? Unethical Business Practices Driven by Profit Motive An example of a lousy profit motive could be a company that exploits its workers or harms the environment to increase profits. But the wrong profit motive is about more than just making money. It's about disregarding ethical standards, harming stakeholders, and undermining societal values.

Profit Motive in Different Business Structures

What are Profit Motive and Non-Profit Motive? Profit Motive in For-Profit Organizations The profit motive drives for-profit organizations. They aim to maximize profits to provide returns to their owners or shareholders. But the profit motive in for-profit organizations is not just about making money. It's about creating customer value, improving efficiency, and contributing to societal progress. The Role of Non-Profit Motive in Charitable Organizations Non-profit organizations, on the other hand, are driven by a mission rather than profit. They reinvest surplus funds into their mission rather than distributing it to owners or shareholders. But the non-profit motive is not just about rejecting the profit motive. It's about promoting social justice, equality, and the common good.

The Impact of Profit Motive on the Economy

How Does Profit Motive Affect the Economy? Profit Motive and Wealth Creation The profit motive drives businesses to create wealth, contributing to economic growth and prosperity. But wealth creation is not just about making profits. It's about improving products and services, meeting customer needs, and contributing to societal progress. Profit Motive and Job Creation By striving to maximize profits, businesses can also create jobs and contribute to economic expansion. But job creation is not just about making profits. It's about improving products and services, meeting customer needs, and contributing to societal progress.

Profit Motive and Employee Benefits

Profit Motive And Employee Benefits Profit-Sharing Plans and Employee Compensation How Profit Motive Influences Employee Benefits The profit motive can have a significant impact on employee benefits. Businesses driven by profit are often motivated to invest in their employees, recognizing that a happy, healthy, and motivated workforce can contribute to increased productivity and, ultimately, higher profits. It can lead to the implementation of comprehensive benefits packages, including health insurance, retirement plans, and even profit-sharing schemes. The Role of Profit-Sharing Plans in Business Profit-sharing plans are a prime example of how the profit motive can directly benefit employees. These plans distribute a portion of a company's profits among its employees, aligning the workforce's interests with the business's financial success. It provides employees with a substantial share of the profits they helped to generate and fosters a sense of ownership and commitment to the company's success.

Profit Motive and Taxation

Corporate Tax and Profit Motive How Profit Motive Influences Corporate Tax Strategies The profit motive can also influence a company's approach to taxation. Businesses seeking to maximize profits may employ various strategies to minimize their tax liabilities, such as taking advantage of tax credits, deductions, and incentives. While these strategies are legal and often encouraged by tax policy, they illustrate how the profit motive can drive businesses to optimize all aspects of their operations, including their tax planning. Personal Income Tax and Profit Motive The Interplay of Profit Motive and Personal Income Tax On a personal level, the profit motive can influence decisions about income and taxation. For example, profit-motivated entrepreneurs may reinvest earnings into their businesses to fuel growth and minimize income tax liability. It illustrates how the profit motive can shape financial decision-making at both the corporate and individual levels.

Profit Motive and Business Efficiency

The Role of Profit Motive in Business Efficiency Profit Motive and Cost Reduction The desire for profit can drive businesses to become more efficient and reduce costs. It could involve streamlining operations, investing in technology, or finding more cost-effective suppliers. Businesses can increase their profit margins by reducing costs, demonstrating how the profit motive can improve business efficiency. Profit Motive and Sales Increase Similarly, the profit motive can drive businesses to increase sales. It could involve expanding into new markets, launching new products, or investing in marketing and advertising. By increasing sales, businesses can boost their profits, further illustrating the influential role of the profit motive in driving business growth and success.

Profit Motive and Market Forces

Profit Motive And Market Forces The Interplay of Profit Motive and Market Forces How Profit Motive Responds to Supply and Demand The profit motive is intrinsically linked to the fundamental market forces of supply and demand. Businesses, driven by the desire to maximize profits, respond to changes in these forces. For instance, if a product's demand increases, a profit-motivated business would increase production to meet this demand and capitalize on the potential for increased sales and profits. Profit Motive and Price Determination Price determination is another area where the profit motive and market forces intersect. Businesses aim to set prices to maximize profits, considering production costs, competition, and consumer willingness to pay. This dynamic pricing strategy, driven by the profit motive, plays a crucial role in the efficient functioning of markets.

Profit Motive and Innovation

The Role of Profit Motive in Business Innovation How Profit Motive Drives Innovation The profit motive can be a powerful catalyst for innovation. In their quest for increased profits, businesses are incentivized to develop new products, improve existing ones, or find more efficient production methods. This drive for innovation benefits businesses in terms of potential profit growth and contributes to societal progress by introducing new technologies, products, and services. Profit Motive and Risk Management Innovation often involves risk, and the profit motive plays a role here too. Businesses must balance the potential profits from an innovative idea with the risks involved in its development and implementation. This risk management aspect of the profit motive encourages businesses to make calculated decisions that can lead to sustainable profit growth.

Profit Motive in the Global Economy

The Impact of Profit Motive on Global Trade How Profit Motive Influences International Business In the global economy, the profit motive influences international business decisions. Companies seeking to maximize profits may enter foreign markets, source materials from overseas, or establish international partnerships. These decisions, driven by the profit motive, contribute to the interconnectedness of the global economy and can lead to economic growth and development in different parts of the world. Profit Motive and Corporate Social Responsibility As businesses operate globally, they also face increasing scrutiny regarding their social and environmental impact. Here, the profit motive must be balanced with corporate social responsibility. Companies recognize that long-term profitability is linked to sustainable and ethical business practices. This shift represents an evolution of the profit motive, incorporating a broader range of considerations beyond immediate financial gain.

Profit Motive and Consumer Behavior

The Influence of Profit Motive on Consumer Choices How Profit Motive Shapes Product and Service Offerings The profit motive significantly influences the range of products and services available to consumers. Businesses, driven to maximize profits, strive to offer products and services that meet consumer needs and preferences. This dynamic interaction between the profit motive and consumer behavior shapes the marketplace, leading to diverse offerings catering to various consumer needs and tastes. Profit Motive and Customer Experience The profit motive also impacts the customer experience. Businesses recognize that providing a positive customer experience can increase customer loyalty, repeat business, and positive word-of-mouth, boosting profits. As such, the profit motive can drive businesses to invest in customer service, user-friendly interfaces, and other aspects of the customer experience.

Profit Motive and Social Impact

The Role of Profit Motive in Social Entrepreneurship Balancing Profit Motive and Social Impact In recent years, the concept of social entrepreneurship has gained traction. Social entrepreneurs balance the profit motive with the desire to make a positive social impact. They build businesses that aim to solve social problems or meet societal needs while generating profits. This approach represents a new way of thinking about the profit motive, demonstrating that businesses can be both profitable and socially responsible. Profit Motive and Social Innovation The profit motive can also drive social innovation. Businesses, particularly those in the social enterprise sector, are motivated to develop innovative solutions to social problems in their quest for profits. It can lead to developing products and services that generate profits and contribute to societal well-being.

Profit Motive and Sustainability

The Intersection of Profit Motive and Environmental Sustainability Profit Motive and Sustainable Business Practices The profit motive can play a significant role in promoting environmental sustainability. Businesses increasingly recognize that sustainable business practices can lead to cost savings, improved brand reputation, and increased customer loyalty – all of which can boost profits. This realization drives businesses to adopt energy efficiency, waste reduction, and sustainable sourcing practices, demonstrating how the profit motive can contribute to environmental sustainability. Profit Motive and Green Innovation Similarly, the profit motive can spur green innovation. In their quest for profits, businesses are motivated to develop innovative, profitable, and environmentally friendly products and services. It can lead to the development of green technologies, renewable energy solutions, and other innovations contributing to environmental sustainability.

Profit Motive and Corporate Governance

Profit Motive And Corporate Governance The Role of Profit Motive in Corporate Governance Profit Motive and Shareholder Value The profit motive plays a significant role in corporate governance, particularly in the context of shareholder value. Companies are often driven to maximize shareholder value, typically increasing profits. This focus on profit maximization can influence a wide range of corporate governance decisions, from strategic planning and risk management to executive compensation and dividend policies. Profit Motive and Corporate Ethics However, the pursuit of profits must be balanced with ethical considerations. Corporate governance mechanisms, such as codes of conduct, ethics committees, and whistleblower policies, can ensure that the profit motive does not lead to unethical or illegal behavior. This balance between profit maximization and ethical conduct is critical to good corporate governance.

Profit Motive and Economic Policy

The Influence of Profit Motive on Economic Policy Profit Motive and Tax Policy The profit motive can influence economic policy, particularly tax policy. Governments often use tax incentives to motivate businesses to invest, create jobs, or undertake specific activities. These incentives are based on the understanding that the profit motive drives businesses and will respond to opportunities to increase their profits. Profit Motive and Regulatory Policy The profit motive also plays a role in regulatory policy. Governments must balance the desire to foster a business environment that maximizes profit with the need to protect consumers, workers, and the environment. This balance is often achieved through regulations that set standards for business conduct while allowing businesses to earn profits.

Profit Motive and the Future of Business

The Evolving Role of Profit Motive in Business Profit Motive and the Triple Bottom Line The role of the profit motive in business is evolving. More and more businesses are adopting the triple bottom line concept, emphasizing profits (the traditional bottom line) and social and environmental performance. This approach recognizes that businesses can pursue profits while contributing to social and environmental well-being. Profit Motive and Business Model Innovation The profit motive is also driving business model innovation. Businesses are exploring new ways to generate profits while creating value for customers, employees, and society. Read the full article

[mostlysignssomeportents]

#15yrsago Why market-forces can't correct DRM

Advocates of DRM talk about the ability of the market to find a balance between features and restrictions, because people whose freedom has been unduly restricted will make future purchase decisions that will put the overly draconian DRM systems out of business. But check out this cautionary tale of a guy who bought a home-media centre, started recording his favorite shows to DVD, and then:

Turns out that a couple of days ago, HBO started encrypting all of its programs with CGMS-A. They allow you to "copy" a program that you record from their signal once. The trouble is that they consider that one-time copy to be recording the program onto your hard drive, not taking it from the hard drive to a DVD. THAT SUCKS OUT LOUD and I am extremely angry, as you can imagine. The files are HUGE and, even though I have a 200 gb hard drive, I can't keep them there forever. MediaCenter records tv shows with a dvr.ms extension.

When he bought the media centre, it did the thing he wanted it to do with the shows he wanted to do it to: it's like buying a VCR to record the World Series, taking it home and satisfying yourself that it works. It worked.

Then, months later, it stopped working. He could no longer record his favorite shows. Why? Well, because the cablecaster decided to remove a right from him. And because Gateway, the company who sold him the equipment, decided to collaborate with the cablecaster in screwing him out of that right.

When this guy goes back to the store, what should he do to protect his next investment? Say he buys an HP device next, having concluded that Gateway won't look out for his interests. He takes it home and finds that it works fine for his purposes (maybe HP has a "better" deal with HBO that will let him burn more-restricted DVDs from his HP media-centre), then, a couple months later, the cablecaster switches on another flag and suddenly his video won't work.

Where's the market-force here? Should he stop being an HBO customer? A cable customer? A customer for only those PCs that he builds himself and installs a copy of GNU/Linux on?

What purchase-decision can he make or avoid in order to signal to the market that this kind of restrictiveness is unduly harsh and he won't pay for it any longer? Link (via Hack the Planet)

https://boingboing.net/2004/10/24/why-marketforces-can.html

[marketforcecorp]

[marketforcesafrica-blog]

Moody's Downgrades Ghana Ratings Again

Moody’s Downgrades Ghana Ratings Again

Moody’s Downgrades Ghana Ratings Again Moody’s Investors Service has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 and changed the outlook to stable. The recent downgrade is the second time in the last two months. Accra is currently seeking a lifeline from the International Monetary Fund, IMF, to help its tighter financing condition. MarketForces Africa reports…

[dnewstrending]

50 African tech founders join forces through Pando DAO to accelerate Africa’s startup ecosystem

50 African tech founders join forces through Pando DAO to accelerate Africa’s startup ecosystem

Pando DAO is a decentralised autonomous organisation with a mandate to develop the African tech ecosystem. Founding members of the community represent over 50 founders and early builders from across Africa, including mPharma, Wasoko, Pariti, SunCulture, Africa Health Holdings, Stitch, Marketforce, 54Gene, Mara, VertoFX, Turaco, Raise, Carry1st, Jetstream and more. Collectively, these founders…