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Why would private organizations bother to do things that don make a profit? Wouldn private organization charge sky-high prices and rip every one off?

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Why would private organizations bother to do things that don make a profit? Wouldn private organization charge sky-high prices and rip every one off?

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There are plenty of ‘non-profit’ organizations in existence, which demonstrates that plenty of people are prepared to denote some of their time and energy to things that they recognize as good outside of paid work. And no one would use private organizations that charged unacceptable prices. Competition works to keep the prices of any business at the lowest practical level. Question: Isn’t it the case that pure capitalism can’t work because monopolies form? Look at U.S history! Didn’t the government have to break-up past monopolies of capitalist-robber barons such as Rockefeller? And look at ‘Microsoft’: isn’t that a monopoly? Answer: Capitalism is not ‘competition for competitions sake’. It’s about letting businesses provide the best services at the best price. If one business grows huge and ends up dominating a given area, it’s generally because satisfied customers have decided it’s the business that achieves the best service at the best price. Just because a business has no real comp

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