Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: numbrel Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4  
Subject: Principle-centered vs Capitalism Date: 12/8/2003 5:45 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
I am reading "To Build Anew" by Don Brown which is about creating principle-centered, self-sustaining enterprises. These enterprises would blur the distinction between for-profit businesses and not-for-profit organizations since they would be self-sustaining while contributing to the general good of humanity.

In relating what I am reading to investing, I have tried to imagine how the stockmarket would operate if all business was conducted according to the principles Mr. Brown has outlined. Investors would be entitled to a moderate rate of return on their capital, probably paid by dividends. I suppose there could be a stockmarket but I haven't quite figured out the reason(s) to trade shares.

Since the object of the enterprise is to work for the betterment of the world, not maximizing shareholder equity there wouldn't be the emphasis on profits or quarterly/annual results to determine share prices. There would have to be another mechanism for determining price and I haven't figured that out.

Barbara
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement