Profit is what’s left over after one covers the expenses for everything that is needed to produce a good or service. In other words the signal that what one is doing is valued by the market and sustainable. A business that cannot produce a profit will soon be parted from its capital.
My response was not flawed. It is exactly what happens when property rights are respected. We know that because we can see how humans act. We are not talking quantum mechanics here
SHSS / DRE
npub1hh…3cz98
2024-06-02 01:30:35
in reply to nevent1q…pgvv
Author Public Key
npub1hhczaensvm77hgj4uxk804n6m9gy3hk4p6ugtgqu4vu32mjzst0s83cz98Published at
2024-06-02 01:30:35Event JSON
{
"id": "1824110bc2a17cf14081a0490b99076c6ac7103a368adb2919def912909b6e40",
"pubkey": "bdf02ee67066fdeba255e1ac77d67ad95048ded50eb885a01cab39156e4282df",
"created_at": 1717291835,
"kind": 1,
"tags": [
[
"e",
"a25375313c8b9cd63b179b29f26c7c0292fbb26ac65ed11fa779f16218fddaea",
"",
"root"
],
[
"e",
"38e7fbacb20645f888f295f4b77c833c44c779a744924918090c5d3cb8ee081b",
"",
"reply"
],
[
"p",
"ec2b04a7d6fdeada31a645338a4bb2706b119dda1de6956aaba29f823c37f144"
]
],
"content": "Profit is what’s left over after one covers the expenses for everything that is needed to produce a good or service. In other words the signal that what one is doing is valued by the market and sustainable. A business that cannot produce a profit will soon be parted from its capital.\n\nMy response was not flawed. It is exactly what happens when property rights are respected. We know that because we can see how humans act. We are not talking quantum mechanics here",
"sig": "586a2a1cebe1831f5573619b36c9b0f8b843cf18dd3a16fa0ce7fdbd044e3958aeaa25c95dd247da9b61ae3c325c712724ff1ed9fecacada2fea46cf57837d0e"
}