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by robertlagrant
957 days ago
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> framed as making profit, but it can also be framed as reducing cost Reducing cost does increase profit. Profit is (basically) revenue minus cost. > The bigger point is that such an incentive exists and that it is further incentivized if the individuals who are harmed are deprived of a mechanism to resist. Of course. Russia is invading Ukraine right now, as causing harm can benefit you, if you don't care about harm. This isn't a business thing; it's a people thing. It's just that the blast radius of a business's harm is much smaller than a state's, and it's possible to shape rules so that profit incentives line up (even better) with harm minimisation. There's no harm minimisation you can do when a power-hungry person gets into a political position. |
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