4 ms·
Attacking the profit motive is insane. There were a billion people on this planet 200 years ago and now there are 7 billion people. The main reason for that is
by padobson 9y ago
Attacking the profit motive is insane.
There were a billion people on this planet 200 years ago and now there are 7 billion people. The main reason for that is profits.
When someone grows a bushel of wheat for $3.75 and sells it for $4.30, they're able to grow 13% more wheat in the next harvest. That profit makes the growing of wheat self sustaining and scalable.
Now apply the logic to every crop, every home appliance, every energy source - every endeavor human beings pursue. The result is 6 billion people who didn't die of starvation, disease, or exposure.
The biggest problem with lefty attacks on the profit motive is they simply don't realize that the profit motive could be used to solve the problems they describe!
Upset about the education options in this country? Create a profitable alternative and you can scale it out to every student in America.
Don't like the obesity problems developed countries face? Find a profitable way to turn fat people into skinny people and watch the pounds of every population dwindle.
Profits are like magic. They make solutions to difficult problems available on a mass scale. There have no doubt been some growing pains as humans have learned to harness this magic, but the solution to those growing pains is not to eliminate the profit motive - the best solution is always profitable.