this post was submitted on 09 Sep 2023
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(pst profit shouldn't exist)
Profit is fine, it allows a good idea or business model to start small and grow organically to fit the need that it fulfills. The trouble begins with accumulation of capital, which is of course a core tenet of Capitalism. Beyond enough that you can reasonably expect to be fed and sheltered for the rest of your natural life, any further accumulation is antithetical to a good society. We can have currency, competitive markets, and free exchange of wealth for goods and services (for some industries, not all), but a line must be drawn at how much wealth any one person can be allowed to control.
Profit is theft and good ideas can exist without the profit motive.
A salary is profit. Are saying we should do away with money?
No, profit is the money left after expenses.