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> Profit is not compensation for risk. That's not really how the entrepreneur thing is framed. But isn't it a moral position then ?
by johnchristopher 7y ago
> Profit is not compensation for risk.
That's not really how the entrepreneur thing is framed.
But isn't it a moral position then ?
- barrkel 7y agoI believe the concept of risk as a justification for profit is a moral justification, yes; a faulty, unbalanced one, one that, if widely believed, enables the perpetuation of structural inequalities. A lot of people are incentivized to encourage other people to believe it.