This is a conversation between a "classically trained capitalist marketer" and a "reformed capitalist turned environmentalist":
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Venture Platform Pte Ltd"Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality" Peter Drucker
With due respect to the late Peter Drucker, this is a typical capitalist speaking. Quality today in the light of anthropogenic climate change, now ought to encompass responsible manufacturing and end of life disposal issues.
Why do you think companies which encompass responsible manufacturing and end of life disposal issues, are able to sell their services at a higher price?
Corporate and social responsibilities are capitalistic concerns as well.
Corporate & social responsibilities are capitalistic concerns only if they help rack in more for the bottom-line of the Capitalist, but if they can get away with blue murder, they will. It is for the People, through legislation that shall ensure that capitalist entrepreneurs oblige compliance. Be honest about it, we all talk big about taking care of the environment with our lips but nothing through our pocket or actions, because we only want to pay for what we use, not how the end of life is disposed or how the product was made in the first place, like Peter Drucker has said from the myopic Capitalist-Marketing focal point.
They do. If they do not, the market does not need it anyway.
So do not blame capitalists for doing whatever you deem is harmful to environment.
Are consumers going to pay for it, the market is the final arbiter of it. Capitalists can only follow what the market needs. Contrary to what you may think, they do not dictate what the market needs.
Correct, let's blame ourselves for learning wrong lessons from our teachers who were taught wrong knowledge by their teachers. The market wants cheap credit so that they can spend now and pain later. Everyone is looking for passive income and growth on their investment. Everyone wants to grab; but nobody wants to give and when institutions are too big to fail, we bail them out: We, the people under the guise of "the Government". There is no free lunch and we are all in it as one common community on Planet Earth and that is the hard facts beyond clever marketing and ideologies. The environment is not for turning; we shall reap what we sow!
An IT man with a passion for conservation, sustainability and renewability. Inventor of the Solar Kettle-Thermos Flask, PERSiST: Personal Solar Survival Tube and the SaVeTaO: Solar Vacuum Tube Oven.
Why do you think companies which encompass responsible manufacturing and end of life disposal issues, are able to sell their services at a higher price?
Corporate and social responsibilities are capitalistic concerns as well.
So do not blame capitalists for doing whatever you deem is harmful to environment.
Are consumers going to pay for it, the market is the final arbiter of it. Capitalists can only follow what the market needs. Contrary to what you may think, they do not dictate what the market needs.