Profit and Loss

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RWStanding
Posts: 401
Joined: Sun Oct 09, 2016 12:23 pm

Profit and Loss

Post by RWStanding »

Profit and Loss
There is a cynical view of commerce. That when goods are bought and sold, the seller makes a profit, therefore the buyer makes a loss. Those who have will have more and those who do not will have less. But that relates to a static body of goods and is a complete travesty. Commerce should profit everyone fairly.
Commerce involves the growing of crops and the making of goods. If successful, there are therefore food and goods that did not previously exist, and which may be used for the benefit of everyone.
There is an exchange of goods between different sets of producers, which includes services, and should profit everyone.
This can be perverted so that goods are made by the ‘owners’ of resources who then make all the profit, and minimise what others are given.
Either a demagogue owns everything in society; individuals own everything for themselves; or the community as such owns everything.
Age
Posts: 27841
Joined: Sun Aug 05, 2018 8:17 am

Re: Profit and Loss

Post by Age »

RWStanding wrote: Sun Sep 04, 2022 7:27 am Profit and Loss
There is a cynical view of commerce. That when goods are bought and sold, the seller makes a profit, therefore the buyer makes a loss.
Well that is one VERY STUPID view.

Does ANY one in this forum have or hold this view?
RWStanding wrote: Sun Sep 04, 2022 7:27 amThose who have will have more and those who do not will have less. But that relates to a static body of goods and is a complete travesty. Commerce should profit everyone fairly.
Commerce involves the growing of crops and the making of goods. If successful, there are therefore food and goods that did not previously exist, and which may be used for the benefit of everyone.
There is an exchange of goods between different sets of producers, which includes services, and should profit everyone.
This can be perverted so that goods are made by the ‘owners’ of resources who then make all the profit, and minimise what others are given.
Either a demagogue owns everything in society; individuals own everything for themselves; or the community as such owns everything.
But why does there supposedly have to be someone or ANY one who so-calls 'owns' everything?

Is this some written or unwritten law somewhere?
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