- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Why does the word "profit" have a negative connotation?
Posted on 8/18/14 at 6:06 am to HailHailtoMichigan!
Posted on 8/18/14 at 6:06 am to HailHailtoMichigan!
quote:
Nothing irritates me more than when people chastise and whine about "for-profit" firms. When one complains about profit, he or she can immediately be dismissed as economically illiterate.
The basis for this argument seems to be that all profits are the result of a zero sum game. We all know that this isn't true, but the general public doesn't seem to have a basic understanding of economic fundamentals, which allows this meme to be spread very easily.
1
Posted on 8/18/14 at 6:35 am to TerryDawg03
Without profit we don't have effiient distribution of investment, which threatens innovation.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News