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No, profit is arranging a voluntary transaction where both parties where both parties trade something they value less for something they value more. Where did
by brc 12y ago
No, profit is arranging a voluntary transaction where both parties where both parties trade something they value less for something they value more.
Where did all this 'profit is evil' talk come from anyway? This is a site dedicated to startups and tech talk, and all of a sudden we have activist student slogans passing for comment?
- jsprogrammer 12y agoThe term is a bit ambiguous. You are referring to profit, the concept. I am referring to profit, the concrete measurable (ie. revenue - cost).