MrJimmy on Nostr: What is wrong with profit? That’s the entire point - produce value. How many filthy ...

What is wrong with profit? That’s the entire point - produce value. How many filthy capitalists are using IA agents right now to create all sorts of value? Are we all exploiting our poor clankers? But that was not my point. You said the whole point of capitalism was to exploit labour when it clearly is not, it’s about risking capital to create value. The key is that capital is risked, so n the hope of profit. But if there is no risk for some, close to the money spigot, politically protected, too big to fail or whatever else then it’s not a competitive market at all. It’s corporatism, croney capitalism or state socialism, something very different