[hueving]

>Profit has no space in "real" free markets.

What kind of drivel is that? If you create a product/service which nobody else can duplicate and the demand for it is there, you are going to make a profit. That's exactly how a "real" free market functions.

[mempko]

why wouldn't someone be able to duplicate? You keep things secret? Government protects you via patents and copyright? I mean econ 101 is that markets bring profits towards zero. A perfect market with perfect information means zero profit. Any market that tends towards "perfection" would therefore be anathema to any capitalist.

In other words, fuck man, capitalists hate markets. They would prefer that you don't have a choice but to buy from them.

[hueving]

>why wouldn't someone be able to duplicate?

Keeping secrets is only one option. Another is the cost to duplicate. Your myopic understanding of manufacturing processes likely cannot be alleviated in the comments section here, but just consider that the cost to build certain chip fab plants is up in the billions and takes years to build. Once the first entity builds that, it is guaranteed a profit for at least the number of years it takes to build a duplicate manufacturing process. This is true under any definition of a real free market, making your assertion false.

>In other words, fuck man, capitalists hate markets.

Nope, you mean incumbents hate markets. I think you need to revisit the definition of a capitalist. A real capitalist dreams of when they can come in with a better price/service/product and unseat the incumbents.

[Tycho]

Profits would only go to zero if everybody was equally talented, equally educated, equally industrious, and equally lucky. Reality, of course, is quite different.

[mempko]

So you are saying that of you win the genetic lottery, you make profits?

[Tycho]

There are lots of factors that have nothing to do with genetics.

[mempko]

Or right, you mentioned luck being a factor. Sounds fair to me /s