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The things most worth producing in the world are universally not profitable.
by SomeOldThrow 7y ago
The things most worth producing in the world are universally not profitable.
- jm547ster 7y agoWith a very subjective view on the worthiness of the enterprise
- falcongod082 7y agoIndeed, profitability is a very subjective definition of worthiness.
- kbutler 7y agoBut being profitable means that at least someone is willing to pay you to do the thing. Note that there can be market distortions that either cause profitablity where it wouldn't otherwise be (e.g., government mandates) or prevent fully realizing costs (externalities).