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The Profit Motive A Lack of Morality in Economics: Wrong or Right: The Prophet's Motive Bringing Morality into Economics: Right or Wrong Paperback – January 9, 2012


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Product Details

  • Paperback: 70 pages
  • Publisher: Outskirts Press (January 9, 2012)
  • Language: English
  • ISBN-10: 1432785435
  • ISBN-13: 978-1432785437
  • Product Dimensions: 9 x 6 x 0.2 inches
  • Shipping Weight: 3.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #4,856,781 in Books (See Top 100 in Books)

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2 of 2 people found the following review helpful By Grady Harp HALL OF FAMETOP 100 REVIEWERVINE VOICE on January 31, 2012
Format: Hardcover
Lief P Damstoft Sr. in his flip flop book THE PROFIT MOTIVE/THE PROPHET'S MOTIVE introduces himself as a man who had lost most everything at age 50 - divorce, foreclosure, bankruptcy - and writes to us as one of the masses faced with the failure of the government and economy to provide for the 99%. Though he states his book is not about the Occupy Movement it certainly makes the points that those less able to communicate would wish to make. Or in the author's words, 'This book is a way to help direct the conversation of our nation and the world's current issues towards a more positive ends by using positive means. It's time for each of us to think about our part in this system and whether or not we can continue supporting this kind of injustice.' Words and thoughts well stated'

The first side of this book - The Profit Motive - describes a lack of morality in economics, 'The Profit Motive' that has grown to the point of ignoring the needs and desires of the majority of the citizens of this country. 'True capitalism has a balance within it. The only part that should or can be emphasized over the other parts without throwing the system out of balance is the reason for any economic system, the people. I believe in "the people motive." Economic systems are supposed to be set up to benefit people as a whole and when a system has or is failing to achieve this fundamental reason for existing, then it is out of balance and doomed for failure....Our current system does not regard profit properly today.' Once Damstoft has made his basic point he then shows how Social Security and Medicare do not burden the federal deficit: 'they are separate programs with separate funding sources.
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0 of 1 people found the following review helpful By Leif on February 26, 2012
Format: Hardcover Verified Purchase
Well what can I say? It's my book! I am quite pleased with it. I still have noticed a "few" typos that were missed in the editing process and in one instance a word lost in a sentenced made the sentence a bit hard to understand. Overall it was the message I felt inspired to write about because of everything going on in the world today. The meaning is true and just. It will challenge your concept of reality on many levels. Many will not understand it and have to read parts of it several times before they do get it. Words are not always understood in their context. I can give an example not from my book.
We have a program at work called "Near Miss". We are to write a near miss report on a little card about a potential problem in safety. Some people brought up at a meeting that they didn't understand the term "near miss". They would say "If it wasn't a miss than it was a hit." They take the word near in a different meaning than the context required. Even after explaining that the term "near" is describing the distance to being a "hit" they still had problems with it. Such it may be with my book.
The concept is really not new to the world however; it is new to many people who have been raised in this "Matrix" kind of world of the profit motive system. It is about the lack of morality in the profit motive system and how to correct it. I hope everyone who reads it finds a way to implement "The Prophet's Motive"/the golden rule in their lives. It's not about religion or how to pray or what to buy and what not to buy. It's about the true way capitalism is supposed to be like as opposed to what it has become in today's world.
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0 of 1 people found the following review helpful By sixty1 on February 22, 2012
Format: Paperback Verified Purchase
An easily read well put look at finance and its lack of control of greed, and a look at the golden rule (morality)and its need to be applyed in the world today.
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