QUOTE(Bart Katz @ Oct 29 2006, 12:57 AM) [snapback]255129[/snapback]
Sure but it's not always " the search for higher profit rates ", which was the only criteria you put on it. That's why I was expanding on the subject.
Sir, the search for (higher) profit is the 'ultimate end' (goal) of business decision-making in an economy like ours. The others you mentioned, and which I did not gainsay, are 'intermediate' and 'subordinate' goals to (higher) profits.
Cutting back on or eliminating relatively high-cost/low return investments and facilities, firing or not hiring as quickly or as many higher cost employees at all levels compared to their contribution (directly and indirectly) to the 'bottom-line', siting new operations in places with more flexible labor markets, looser-less costly environmental, safety, etc. standards, more favorable to profits tax-schemes, more favorable real-estate markets, etc. etc. etc. are all subordinate 'instruments' whereby to maximize profits.
There are always plenty of alternative instruments to arrive at the same goal (the principle of equifinality). Businesses may be 'taken to task' by critics (be they stock-holders, workers, politicians, pundits, whatever) for their choice among realistic alternative instruments, and realistic alternative time-horizons on the basis of which they evaluated their alternatives, etc. From within the current system, they cannot be legitimately critiqued for their "ultimate end" which is "maximizing share-holder value", which, unless something has radically changed about a capitalist society, remains "maximize profits'.