If There’s No Incentive To Turn A Profit, Is It A Business At All?

Former Labour councillor Zena Brabazon is more sceptical of the new opening hours.

She said: “I do not think it will make a difference to their repayments.

“They were given a grant which they do not have to pay back anyway and have years to pay back the loan.

“They will not have an incentive to turn a profit if there is no real rush to pay back the money anytime soon.

“People have been against this project because so much money has been poured into it at a time when cuts to crucial services are being made by the council.”

It’s an interesting philosophical question, isn’t it?

6 comments for “If There’s No Incentive To Turn A Profit, Is It A Business At All?

  1. Lynne at Counting Cats
    March 4, 2016 at 9:58 am

    Seems like the locals aren’t too impressed with Zena, the social justice warrior princess. Or her sidekicks.

  2. March 5, 2016 at 10:18 am

    You capitalist you, Julia.

    • March 13, 2016 at 6:41 am

      😉

  3. Errol
    March 5, 2016 at 12:51 pm

    £300,000. Even if we assume council tax of a band A property at £1000 (which is simply extortion and theft) that’s the entire council tax of 300 homes wasted on an indulgence to promote the hubris of fools.

    Can you imagine if such putrid sewage served under an aegis of referism, recall and direct democracy? Would any of them be in a job now?

    I detest these people. Next they’ll be whining that there isn’t enough money to provide essential servces and must increase council tax – just high enough to escape the referendum. every year.

    It’s time they went. Time to get rid of these useless parasites.

  4. March 6, 2016 at 5:25 am

    I wonder if they run a slate for poor people. Sort of ‘Chicken Tikka’.

    • March 13, 2016 at 6:41 am

      Heh!

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