Do you agree with the narrative, all entrepreneurs are like thieves.

[Stardom22]

For business to work out there must be the buying and selling of goods and services. So business entails the buying at cheaper prices and selling at higher prices for a profit. However in the process of calculation of the profits that's where the problem comes in. So it's like businessmen intentionally steal the profits from the customers. What do you say?

 

[gwolf666]

I can't completely agree with the idea that business owners "intentionally steal" customers' profits, although I understand where the concern comes from. In reality, most businesses operate within a margin that covers reasonable costs, risks, and profits. The problem arises when consumers don't fully understand how prices are calculated or when there is a lack of transparency. For example, production costs, transportation, taxes, and profit margins influence the final price; this is often perceived as "exaggerated," but it isn't necessarily theft. That said, there are cases of unethical practices, such as overcharging or deceiving with false promotions, and those are reprehensible. In my opinion, the solution lies in consumer financial education and clear regulations that require businesses to maintain fair prices and transparency in their profit margins, avoiding abuses and misunderstandings.

 

[eLdavis]

I don't see it like that, hence i do not consider entrepreneurs to be thieves. Buying on a cheaper rate and selling it higher is completely normal. They spent time, energy and money to get it so they are simply getting it back.

 

[Springtime]

No, I do not agree on that. It's business. You need to make a profit when selling your product. That's not stealing money from your customers.

 

[Min George]

It is a very wrong narrative that entrepreneurs are like thieves. I am certain that not all entrepreneurs are actually dishonest.