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expecting compensation for value you create through labor -- profit seeking -- is not anti social at all, it's actually pro social in that it encourages exchang
by dingnuts 1y ago
expecting compensation for value you create through labor -- profit seeking -- is not anti social at all, it's actually pro social in that it encourages exchange so that eg the baker can get butter for his bread and the farmer bread for his butter, while keeping their specialties and economies of scale.
Whatever you have in mind is not commerce, but is probably regulatory capture or central planning.
- dttze 1y agoSo you have to do things for free or you are a profit seeker? What?
- _Algernon_ 1y agoIt's not that complicated. When you profit based on offloading your negative externality on society at large, its bad. Even free market absolutists should be able to agree to that.
- bluefirebrand 1y ago> expecting compensation for value you create through labor -- profit seeking You're right The term I was looking for was more along the lines of "profit maximizing" or "profit motive": https://en.wikipedia.org/wiki/Profit_motive https://en.wikipedia.org/wiki/Profit_motive My mistake I hope people generally understood what I meant even if I didn't use the precisely correct term for this