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by jdasdf 1531 days ago
Profit is not a sin. On the contrary it is a 1 to 1 match with the good that it is providing its users.

This idea that services shouldn't turn a profit is a massive problem.

3 comments

Coca Cola provides more good to people than water, penicillin, insulin, cabbage, schools, libraries or parkland, because Coca Cola is more profitable than water, penicillin, insulin, cabbage, school, libraries and parkland?
My understanding is insulin in the US is sold at ridiculous prices for profit, where as in the rest of the world it's just something that people who need it have it, like water, cabbage and schools.
Nobody reasonable is saying that profit making is a sin, the argument is that only allowing/focusing on direct profit making services is shortsighted and misses opportunities to implement services that have indirect benefits
Zero-sum profit certainly requires taking from someone else to succeed. This doesn't make it immoral as such but it creates malevolent incentives.