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Sure, but one side can win more than the other, and one side's goal is to take more than it's worth. That is what profit is afterall, no?
by atrus 2y ago
Sure, but one side can win more than the other, and one side's goal is to take more than it's worth. That is what profit is afterall, no?
- marcosdumay 2y agoProfit is taking more than you invested. "How much it is worth" isn't on the previous sentence. You make a profitable business by creating things that are worth more than the things you consume making them.
- HeyLaughingBoy 2y agoAnd to reinforce that point, the business' profitability can be increased by providing things that are worth more to the buyer than they price they pay.
- the_mitsuhiko 2y agoThere can be highly disbalanced and problematic transactions. If you life is on the line and I am the only one with the cure I have enormous leverage. That’s a type of market failure that hopefully we will see less off. But I don’t think it’s right to see every type of transaction with that view. I like to think most businesses want to make money but also have happy customers.