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> At some point children grow up and understand that corporations, aka "incorporated entities" are just when people join together to get something accomplished
by autoexec 3y ago
> At some point children grow up and understand that corporations, aka "incorporated entities" are just when people join together to get something accomplished. And "profit" means creating more good in the world than what is consumed.
Interesting that your own definitions here are so childlike in naivety and lack of nuance. The idea that "profit" means "creating good" is laughable and if you don't understand why, asking "Who/how many is it good for" and weighing that good against the lives lost and the destruction caused would be a good place to start.
History is filled with examples where massive profits were taken, but the cost to everyone not stuffing their pockets with cash was far greater, creating situations where "what was consumed" was far more valuable than making people who were already obscenely wealthy even richer.
Profit can be good, depending on the cost and what that profit is then put toward. The opportunity for profit drives progress. The seeking of profit at the expense of all else has also caused terrible harms, and has been used to justify some of humanity's worst and most shameful acts.
- courseofaction 3y agoFor example: War.
- Xorakios 3y agoI apologize if I was incorrect in my phrasing, but I am correct and tried very carefully with nuance. Profit means creating more value than what is consumed. It is precisely and accurately the exact definition of the word.