Lexam@lemmy.world to No Stupid Questions@lemmy.world · 9 days agoIs there a theoretical limit to profit?message-squaremessage-square47fedilinkarrow-up186arrow-down15file-text
arrow-up181arrow-down1message-squareIs there a theoretical limit to profit?Lexam@lemmy.world to No Stupid Questions@lemmy.world · 9 days agomessage-square47fedilinkfile-text
minus-squaremarcos@lemmy.worldlinkfedilinkarrow-up6·8 days agoIn case you want a serious treatment, for nominal profit: https://en.wikipedia.org/wiki/Keynesian_economics#The_Keynesian_multiplier For real profit, labor productivity must put some limit on it somewhere, but I have never seen anybody look at it. Either way, “profit” is not something you squeeze out of society. The nominal one can’t be unbalanced, and the real one is hard to even track. You may get some better answers if think in terms of wealth inequality. But that one won’t appear on the coarse level of the wikipedia article.
minus-squareorrk@lemmy.worldlinkfedilinkarrow-up2arrow-down1·8 days agoI beg to differ, how the modern shareholder capitalism works is nothing but squeezing profit out of society
In case you want a serious treatment, for nominal profit:
https://en.wikipedia.org/wiki/Keynesian_economics#The_Keynesian_multiplier
For real profit, labor productivity must put some limit on it somewhere, but I have never seen anybody look at it.
Either way, “profit” is not something you squeeze out of society. The nominal one can’t be unbalanced, and the real one is hard to even track.
You may get some better answers if think in terms of wealth inequality. But that one won’t appear on the coarse level of the wikipedia article.
I beg to differ, how the modern shareholder capitalism works is nothing but squeezing profit out of society