Another excellent article from my friend Karen Selick of the CCF. Profit is not a bad thing! Choice is also a good thing.
It hardly seems possible that there can be that much profit built into an eight-cent pencil, but that’s exactly the point: “Profitable” is not a synonym for “expensive.” Consumers can buy expensive shoes or cheap shoes, luxury cars or economy cars, filet mignon or hamburger. Whatever the commodity, the free market offers goods produced at a profit, by privately owned enterprises, in a staggering range of varieties and prices.
People don’t generally accuse supermarkets of being evil for profiting from people’s hunger, or shoe stores for profiting from people’s barefootedness. Yet, Canadians have become so accustomed to thinking that health care must be provided by government that moral panic ensues the moment anyone suggests it could be provided by private, profit-making enterprises. “Nobody should profit on the backs of the sick,” opponents cry.
The CCF is doing wonderful work. Please donate to them!