how should the world’s economy develop? what companies should be developed? how should the profit be distributed? should it be illegal for companies to make a profit at all?

(note that i think that it is generally unavoidable that some companies make some profit, the grey area on the image of the supply-demand diagram (or rather quantity-price diagram) is the profit, and that would only be zero if all companies have exactly the same production costs per unit.)

  • human@slrpnk.net
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    12 days ago

    They make profit because they shift costs onto us in the form of environmental destruction, health crises, dysfunctional politics, hostile city planning, etc.

    The idea that the balance sheet of an oil company reflects all its costs is exactly what’s wrong with the stock market. That balance sheet reflects the costs they pay while they are enabled and incentivized to shift as much cost as possible onto the rest of us.