Saturday, November 14, 2009

WORD OF THE DAY

Profit Motive /prof-it moh-tiv/, noun:

Defined as the tendency or logic in pursuing a particular goal or action solely because that goal or action will return greater desired outputs than required inputs.

The profit motive is present in many of aspects of our lives. It is the reason why some of us practice in particular professions. It is the reason why some of us buy homes or play the lottery. Desired outputs from the profit motive do not always have to be money, it can be time as well.

See, the profit motive is not just the simply based on the exchange of one good for another. It is based on returns over and above that which was used to create the return. And it is this drive and only this drive that advances the profit motive.

On its surface the profit motive may seem benign and intuitive, however, there is a cause for concern. When one sets his or her goals based on the profit motive, one must pay attention to its repercussions. Rarely does anything occur in a vacuum. The desired outputs we seek so much, may be at the cost of others. Sometimes we may "profit" but the profit creates a better standard of living for all. Other times, the "profit" may be at the peril of others.

BEWARE OF THE PROFIT MOTIVE...

WeBeGeekin'
www.ghettogeekin.blogspot.com

1 comment:

Anonymous said...

this ghettogeek fellow is NOT a black person repeat "ghettogeek" IS NOT an AFRICAN PERSON, he is a caucasion devil he ask you to STOP BLAMING the caucasion however he has never addressed any forethough on why anyone would, this ghettogeek is a white supremacist pretending to be ,African he often frequents stormfront, and has it out for Africans maybe because his mother left with and African gentlemen, please ignore this hate blog and move on to a more insightful blog like mine.