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o_mlly
Guest
Without profit, none of us would have anything.
Profit means we value the output more than we value the resources expended to create the output.
If there is no profit, then we value the resources expended more than we value the product. Keep doing that, and soon we have nothing.
People who object to prifit will lead us all to starvation and misery.
I would be delighted for someone to tell me how we can live without profit. It has nothing to do with the beast or god’s love. It is simple economics./QUOTE
“Profit is useful if it serves as a means towards an end that provides a sense both of how to produce it and how to make good use of it. Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty.”
CARITAS IN VERITATE p. 21.
Peace,
O’Malley