Wednesday, September 1, 2010
Minority Business Benifits
I do not agree with minority business benifits. I think laws should uphold equal oppertunity regargless if you are a minority or majority. I also don't agree with laws that extract revenge or payback for past wrongs. The law should uphold things as they presently are, not try to fix things as they were. Sure, it shouldn't of happened, but it happened. it is not happening. It would not be just to give one business a bigger advantage over another.
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i honestly dont know what the whole minority or majority thing is about, but you seem very passionate about it and i think that is what counts in a BLOG. but i still need to read some of the articles that were assigned. i just dont understand any of this talk. or how this is worded or explained.
ReplyDeleteI'm not exactly sure what minority and majority businesses would be considered. Although, since minority means the smaller number or part, as the number 1 definition, and the majority would be the larger part or number, I'll assume for my comment that the minority businesses are the smaller ones and the larger ones are the bigger, like Fred Meyers. If this is the case, then I agree that minority businesses should be given a hand that majority businesses don't receive. Think about it. If you're trying to start a business, but there are already established businesses that people know what they sell, for what cost, for what quality, what stock price, how successful they are, whether or not they have good people working for them, and whether or not they're effective. Why would someone want to go to another business for food, money, insurance, or another article that was just starting up, doesn't really have secure footing yet, and status of how successful this business is...completely unknown. What would keep those businesses from going bankrupt? The majority businesses would already have an advantage over the minority businesses, so what advantage do the minority businesses get?
ReplyDeleteNow if that definition of minority and majority businesses is completely wrong, please tell me. I'm just going with what I know here.
the way this country was designed was to give somebody who lives here the chance to be successful if they work hard enough. Also, holding up minority business destroys competition. competition is a good thing on the market. It keeps products that are junk to save money a choice: either make the product right or go out of business.
ReplyDeleteHowever, this was not what I was talking about. I was talking about Busnisses who were run by minorities the upper hand in the market.
This is confusing to me because honestly I only read the first assignment, but I will read the articles. But just by reading this it does seem unfair.
ReplyDeleteBut the thing you are saying Jonah is that if we did not have these minority "business benefits" our corporations would be struggling a lot more than they are now. How does holding up a minority corporation destroy markets?
ReplyDeleteIn a way it should help it, competition either way. It allows diversity. If you were to go into Doyon 10 years ago, it was a small building that was being rented. I remember spending my childhood in the small, cramped building. It wasn't until 2-years before my birth did they pass the 1991 amendments that helped Doyon grow.
Now Doyon is in a large, beautiful building downtown with many subsidiaries that produce and offer nice houses (Doyon Estates anyone?), utilities, engineering and the list goes on. In a way, it did give them the upperhand but really they were having a hard time and allowed them to grow and make a name in a market that didn't have time for them.