Transcript of the above video:

As the title of this video suggests, we are discussing Businesses not wanting to make a profit. Huh, really? Let's get into this. So I thought of making this video after reading a recent article from the Bangkok Post, that is bangkokpost.com, article is titled: Making biz education better for society. I'm going to quote a small excerpt out of this. I urge those who are watching this, to read this article. Quite honestly, it didn't make a lot of sense to me and I'll get into it here in a minute but quoting directly: "As growth seeks to become more sustainable, business practices are transforming whereby profits are no longer the main priority of consideration." Really? As somebody who runs a business I can tell you that's the only thing somebody running a business is ever caring about in any practical, meaningful way. 

This whole notion of so-called stakeholder capitalism, I've noticed especially in the Western Press, came to the forefront a few years ago and it seems to kind of be bleeding into the at least the English language Press here. It doesn't seem to be so much prevalent in the Thai language Press but in the English language Press it seems that it's just kind of out there floating around and it makes utterly no sense to me. I mean it's this whole notion that these private corporations are now supposed to be sort of semi-charities or like not or like NGOs or something. It is really, I'm really at a loss and I find this verbiage especially galling in the aftermath of literally two and a half years of everybody needing to stick together and "do what's right", help each other out and thereby destroy your businesses, just destroy the overall economy for two and a half years, just shut it all down for the most part, living almost a subsistence level, cause total havoc in the tourism sector at least specifically here in Thailand. Then to kind of come out of this and have articles out there say, "well profit just really isn't a big deal anymore!" Really? I think it's a pretty big deal for the people that didn’t have any for two and a half years. So just one man's observation but when I read that article and I just saw that little excerpt, I was like "wow, we are in a kind of a bizarro world at the moment."