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John23832 a day ago

Yes there is.

Wringing the elderly for profit would not happen under any other economic system because Capitalism is the only economic system which puts profit as the central motivation.

My understanding is the profit is purely a capitalistic idea. Feel free to prove me wrong.

triceratops a day ago | parent [-]

Does that mean the elderly would be better cared for?

John23832 a day ago | parent [-]

That is orthogonal to the point being made.

triceratops a day ago | parent [-]

Not necessarily. Without profit you're relying solely on intrinsic motivation to ensure good care. I won't deny it's a powerful motivator but how many people are passionate about eldercare? You might get fewer care centers overall.

John23832 a day ago | parent [-]

> Not necessarily. Without profit you're relying solely on intrinsic motivation to ensure good care. I won't deny it's a powerful motivator but how many people are passionate about eldercare? You might get fewer care centers overall.

The above is a bunch of non-sequitur nonsense.

The article is about how senior living facilities do everything they can to reduce cost/liabilities and to maximize profit. Did you actually read it or are you just posting contrary comments?

I responded to the article that under capitalism, of course these firms are going to maximize profits. Even when doing something that most of us would consider a humane responsibility like elder care.

You asked me why do I limit profit seeking in this manner to capitalism, seemingly not knowing that profit is a Capitalistic idea. And then you non sequitur into whether elders are taken care of under all economic systems and what motivates that.

THE POINT BEING MADE is that regardless of what the outcome of the situation is, elders being taken care of, elders not being taken care of, houses being painted red vs blue, etc, it is unsurprising that firms are seeking maximize profit. The question to be ask it is why they would not seek profit, under capitalism.