• Synthead@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    3
    ·
    1 year ago

    If I have a broken car and want to sell it to my neighbor, how can I do that if profit is eliminated?

    • grilled_cheese_eater@lemm.ee
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      1 year ago

      I meant corporate profit. Selling your used car wouldn’t earn you any profit in the first place and even if it did, you would be your very own self employed employee.

      I meant profit as the money that instead of through fair wages for actual employees is distributed through dividends to shareholders.

      I thought everyone had the same definition of the word “profit”, but I guess not.