[ExI] government corruption, was: RE: Social Mobility and Bioconservatism

[painlord2k at libero.it]

Il 22/02/2009 3.11, Stathis Papaioannou ha scritto:

> Corporations want to screw their customers, employees, competitors and
> the environment for every cent they can.

The want maximize their profits.
If they want maximize their profits in the shot time, the best way is to 
give nothing for something.
If they want maximize their profits in the long time, the best way is to 
have satisfied and returning buyers.
Sometimes, for your astonishment, the sellers are willing to sell at 
lower prices to maximize the volume and the total revenues instead of 
selling at higher prices at a lower volume and total revenues.

For example, Saudis sell their oil on long term contracts at a lower 
prices than the spot market prices and the contracts prohibit the buyers 
to sell the oil on the spot markets.
They are interested in selling a continuous stream of oil and receiving 
a continuous stream of $$$. They are in the business for the next 
decades, not for the next days.

Mirco