The Role of Profits in Free-Market Capitalism, and Why High Profits are Good for a Company’s Workers - Galt's Gulch

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The Role of Profits in Free-Market Capitalism, and Why High Profits are Good for a Company’s Workers

Posted by Sword_of_Apollo 10 years ago to Economics

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Posted by sjatkins 10 years ago

Of course. High profits mean that significantly more value is being produced than was consumed in its production.

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Posted by Sword_of_Apollo 10 years ago

This essay shows one example of the "Harmony of Rational Interests" Principle.

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