Msg: 37 *Conference*
05-26-91 22:34:22
From: RICHARD HANSON
To : RICK LOPES
Subj: REPLY TO MSG #35 (PROFIT)
A nobal concept, i.e., investing profits (true profits) back into the common good. And, in fact, many companies do just that--to a certain extent. Insurance companies, for instance,--the good ones--invest profits into capitol assets. Capitol assets, in turn, provide the tools for industry. Industry hires people. From another angle: insurance funds are also avilable on the secondary money market for home loans--both construction and take-out financing. This helps the construction industry thrive and families into housing. We live in a very complex world. In order to "know" if the "profits" from a given industry are reinvested for the good of the people, we must follow the cash stream back to the sources; all the while understanding and comprehending the entire river as it flows. I took a class called "Money and Finance" towards my MBA. It was a real eye opener; well worth rethinking again and again. Very complex. -Rick-