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Monday, February 18. 2013

Don't Be Ashamed College Students, Profit Is Not A Dirty Word

The sanctimonious kids who do not want to pursue profit, and desire to be pure in some puritanical way (but not sexually), often are too economically ignorant to realize that they only wish to survive on the exertions, risks, and profit of others.


Do they really aspire to be helpless parasites like the Occupiers?


Here's the article: Don't Be Ashamed College Students, Profit Is Not A Dirty Word


Posted by The Barrister at 14:00 | Comments (7) | Trackbacks (0)

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Check out the salaries for middle management at some of the "Non-Profits". I remember sitting at the pool side bar of the Golden Tulip Hotel in Accra, Ghana a few years back. (The Golden Tulip is a high end Dutch hotel chain). The place was full of Red Cross and other NGO families. No scrimping for them. This is the goal of many students to pursue phony work in a non-profit but still make big bucks after a few years.

At least the hippies were honest about their goals and didn't sponge too much.
#1 DirtyJobsGUY on 2013-02-18 16:22 (Reply)
QUOTE:
At least the hippies were honest about their goals and didn't sponge too much.
At least jokes about hippies not bathing often are still politically correct.
#2 F.F. Brother on 2013-02-18 17:32 (Reply)
There is indeed often a lot of personal profit for executives and certain employees in the "nonprofit" world.

Also, many people who have had experience of both have noted that politics in "nonprofits" tends to be much more vicious than politics in business.
#3 david foster (Link) on 2013-02-18 18:30 (Reply)
Ah, but you see, non-profit means that the senior executives take all the excess over operating expenses instead of returning it to owners, stakeholders or reinvesting in operations.

The politics are vicious because the stakes are so low. Not to mention, the pay for the rank and file.
#4 JKB on 2013-02-18 21:58 (Reply)
Shhh. No one tell these brilliant college students that any salary they make that is in excess of what is required to do their work, basic food, place to sleep, proper clothing, commute expenses, is all profit.


Profit - excess of value received for producing, keeping, or selling, over cost
#5 JKB on 2013-02-18 22:45 (Reply)
Many, maybe most, colleges and especially universities drill this attitude into their students that "pure science" is the only thing that matters and that any economic drive behind research makes that science "impure".

Of course they then go on to indoctrinate those same students into global warming fanaticism, teach them how to write papers in such a way that the conclusion is always that they need more donations/subsidies to do more research, etc. etc.
#6 J.T. Wenting on 2013-02-19 00:16 (Reply)
Going back for my MBA was so refreshing. The professors were honest! They explained the need for profit then got done to the details of making it happen.
#6.1 NJSoldier on 2013-02-20 08:38 (Reply)

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