I realized a while ago that in my whole career I’ve never worked for a for-profit corporation.
Recently I’ve been wondering if non-profit corporations could succeed in areas typically dominated by for-profit corporations. I’m in the U.S.
There are certainly plenty of non-profits functioning, employing people, and providing services to the public. Schools, Hospitals, public radio & TV, etc. But what areas are there where non-profits could exist and survive where they don’t currently?
If removing profit reduced cost, then most of them I guess. One of my kids works for an enormous employee owned company. So any profit, meaning billing beyond cost, goes to the workers, they are the owners.
Most of our good hospitals here are nonprofit though it doesn’t make them affordable.