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profit in a market represents simply what people want, and how they value those things in voluntary exchanges. mixing up the concept of "profit" with racketeer
by nazgulnarsil 17y ago
profit in a market represents simply what people want, and how they value those things in voluntary exchanges. mixing up the concept of "profit" with racketeering, corporatism, cronyism, and making money off of various other involuntary transactions is a huge mistake since it colors your perception of the world.