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Profit is the main goal of all economic activity. Economy is an activity of making and moving money around, which is only possible if you make profit.
by zkmon 6mo ago
Profit is the main goal of all economic activity. Economy is an activity of making and moving money around, which is only possible if you make profit.
- svnt 6mo agoBut this only makes profit the root goal of a certain class of economy, not the actual root goal.
- tovej 5mo agoThe goal of economic activity is allocating resources to human needs. Money is an instrument to facilitate this, as is profit. Neither of them is the end, they are means. They are also not the only possible means. Also, you can definitely move money around with making a profit. How is that impossible? Are you telling me no money changes hands if I, e.g. sell something at a loss, or to break even. Please, think about it for a second.