this post was submitted on 03 Oct 2023
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If I have a broken car and want to sell it to my neighbor, how can I do that if profit is eliminated?
I meant corporate profit. Selling your used car wouldn't earn you any profit in the first place and even if it did, you would be your very own self employed employee.
I meant profit as the money that instead of through fair wages for actual employees is distributed through dividends to shareholders.
I thought everyone had the same definition of the word "profit", but I guess not.