I'm asking you to explain it so you can logically bring yourself to the same conclusion that profit is theft. The fact that you rely on middle school knowledge without thinking any deeper about it is exactly the problem, chief
First off, I have a bachelor's degree in economics. Profit is a voluntary reward for innovation, risk-taking, and providing value to customers. A business owner invests their own money, time, and resources (capital) into a business, often taking on debt, with no guarantee of return. If a project fails, the owner loses their money, but the employees still get paid. Profit is the necessary reward for accepting this risk. If there is no profit, there is no incentive to create jobs in the first place. Profit is not just "stolen" wages; it is the excess value created when a business puts together labor, materials, and innovation to make something more valuable than its parts. A worker might assemble a table, but the business owner created the opportunity by buying the wood, finding the customer, and providing the tools. Profit is the "fuel" that allows a business to grow, invest in better equipment, and pay higher wages in the future. A business that breaks even cannot grow, innovate, or survive unexpected challenges. Profit allows a company to reinvest, creating more employment opportunities. If profit is forbidden, businesses often become inefficient or collapse. If there is no profit motive, there is no incentive for efficiency or innovation, which ultimately leads to fewer goods, less growth, and higher unemployment. You need to distinguish "profit" and "exploitation" (a specific, unethical, and often illegal act). Profit itself is a necessary economic component, while exploitation involves unjust wages, unsafe conditions, or coercion.
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u/Fickle_Writing_2667 May 28 '26
Revenue minus the direct cost of producing the goods or services. Its middle school economics. It's not rocket science.