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It's not parasitic, it's symbiotic. Without profit-seeking capital, there would be no opportuinities for productive labor.
by lukas099 4y ago
It's not parasitic, it's symbiotic. Without profit-seeking capital, there would be no opportuinities for productive labor.
- Layke1123 4y agoYou can't think of any reason people would provide productive labor without their being profit-seeking capital? Do you really, truly believe that? If you do, I have a bridge to sell you.
- jusssi 4y agoIt starts off as symbiotic (you give capital for future profit), but becomes parasitic (you just keep leeching profit without giving anything more in return). At least, that is what I plan to do. Stop working and live as a full-time parasite as soon as I can afford it. Maybe others here are more altruistic.
- 0xy 4y agoBuying a non-dividend stock and selling it a higher price does not cost the company a cent. The profit doesn't come from the company at all.