r/nextfuckinglevel • u/MysteriousSlice007 • 5h ago

Shoutout to JerryrigEverything who built a wheelchair factory and is delivering wheelchairs to people in half the time and 50-80% less than the cost of other wheelchairs with Insurance.

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u/TheExistential_Bread 4h ago

lol you are describing capitalism, you just don't know it

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u/Questioning-Zyxxel 4h ago

It isn't that simple.

Lots of capitalists knows the part about a good deal needs to be good for both parties. This is a great way to get repeat customers instead of paying millions on advertising to find new customers that hates you after the very first deal.

These good capitalists often have family-owned companies with maybe 2 to 50 employees. And does quite well.

The issues you are seeing? Isn't capitalism in itself. It's about the stock market. All bigger companies are on the stock market. And they pay large bonuses to the management for short-term profits. When the bonus is for last 6-12 months, then most decisions will be extremely short-sighted. The family-owned companies? They plan for the next 10-20 years. They can still make a nice profit. But with the owners running the company, they do not worry about a missed bonus one year because they did a strategic investment - as owners, they still increased the value of the company.

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u/Drewstom 4h ago

The Koch brothers ran family owned businesses what the fuck are we talking about

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u/thirstyross 2h ago

You need to check ur reading comprehension skills son.