mastermind@lemm.ee to Asklemmy@lemmy.mlEnglish · 1 year agoWhat's a scam that's so normalized that we don't even realize it's a scam anymore?message-squaremessage-square983fedilinkarrow-up1713arrow-down124
arrow-up1689arrow-down1message-squareWhat's a scam that's so normalized that we don't even realize it's a scam anymore?mastermind@lemm.ee to Asklemmy@lemmy.mlEnglish · 1 year agomessage-square983fedilink
minus-squarerbesfe@lemmy.calinkfedilinkarrow-up2·1 year agoProfit represents surplus value that can be excersized to either sustain an organization when demand is low or to increase productivity through expansion. If there was no profit then all businesses would be on the verge of collapse at all times
minus-squarescarabic@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down2·1 year agoThe real purpose of profit is to incentivize investment. Without starting liquidity, industry and business can’t get off the ground.
Profit represents surplus value that can be excersized to either sustain an organization when demand is low or to increase productivity through expansion. If there was no profit then all businesses would be on the verge of collapse at all times
The real purpose of profit is to incentivize investment. Without starting liquidity, industry and business can’t get off the ground.