More specifically, I am drawing an equivalence between profit and income minus subsistence plus a margin for good measure, which seems totally fair to me. Many doctors make income that is simply windfall profit.
More specifically, I am drawing an equivalence between profit and income minus subsistence plus a margin for good measure, which seems totally fair to me. Many doctors make income that is simply windfall profit.
I work in finance; your statement is gobbledygook. Profit (revenue minus expenses) and labor income (money paid in exchange for a service) are fundamentally different concepts functioning with different dynamics. The "profit motive" = a firm's impetus to have positive net margins. It doesn't map onto how laborers operate in terms of accounting, behavioral economics, or finance. It's kinda like saying "he's been alive for 20 light years", it's just gobbledygook nonsense.
More specifically, I am drawing an equivalence between profit and income minus subsistence plus a margin for good measure, which seems totally fair to me. Many doctors make income that is simply windfall profit.
I work in finance; your statement is gobbledygook. Profit (revenue minus expenses) and labor income (money paid in exchange for a service) are fundamentally different concepts functioning with different dynamics. The "profit motive" = a firm's impetus to have positive net margins. It doesn't map onto how laborers operate in terms of accounting, behavioral economics, or finance. It's kinda like saying "he's been alive for 20 light years", it's just gobbledygook nonsense.