If I remember my readings properly, profit is generated between mutually consenting parties with a net benefit for both

i would approach better by their ability to climb the ladder, i understand that is pretty machivellian of me, but still, it is something. it is one of the things why profit is such a good indicator for many things.

Applying this to a medieval monarch, what profit do they generate without delegating to the serfs?

profit is generated as a byproduct of captial (whether human or physical) being turned into a more efficient source and then sold between mutually consenting parties

the average american low wage worker does not know how to allocate its resources, so the business man better allocates it and takes the excess as profit

Not to sound like a communist, but that sounds exploitative

the medieval monarch, did the same, but by granting resources to those deserving of dukes and barons and nobels and all the way down the line

it is not exploitative because they were never going to do it anyway

if they could allocate the resources themselves they would and some people do, they then stop working as an assistant plumber and go start there own pumbing business and take the rest of their resources as profit

Sorry I gotta pull a Jordan Peterson, be back in 10-15

THINK ABOUT THE LAST THING I SAID ABOUT THE PLUMBERS WHILE YOUR GONE

@MurderHobo

I’m familiar with the plumbers

I’m not done, but I’ve got a question for you to ponder

What is the distinction between a leader who generates profit and one who generates production in practical terms?

Profit is better than production as a measurement of economic success because profit is only generated from an optimization of capital (whether labor or physical) to be sold to another individual who wants to purchase the thing in a mutual exchange. Production has no indicator of whether or not the process is optimizing resources, efficient in the market, or if there was a mutual exchange at the end of the process.

Profit is an indicator of optimization of capital and beneficial trade
Production is an indicator of number of things produced and does not indicate quality in the market

Ngl I’m pretty tired but I wanna talk later brue

save a screen shot

shoot me a dm

good talk! @MurderHobo goodnight

if you think Ukraine meddled in the 2016 election, you're a dumbass... the theory has been debunked several times, crowd strike is an American company owned by a an american born from a russian immigrant, the FBI didn't give them the "server" from Ukraine, because there was no server, they operated from the cloud... republicans are so stupid to stick with that...

Nobody gives a shit.

That may sound harsh, but truly - with all the political polarization and unsubstantiated claims - nobody gives a shit.

https://www.zerohedge.com/s3/files/inline-images/ukraine%20clinton.png?itok=kMK66URV

https://www.politico.com/story/2017/01/ukraine-sabotage-trump-backfire-233446

Politico did some solid reporting on this back in 2017. It's worth the read.

mhmm

@Machinimal donating money is different from hacking the dnc...

true

but who TF says they hacked the DNC

didn't we even arrest the guy that supposedly did it

umm, trump, and randy webber defended it on cnn last week

The compromise of information from the DNC highlights the issue with allowing Clinton to operate a private email server without authorization in her personal domicile. That's a federal offense, and was casually overlooked.

lmao

hillary comitted a felony

and they chose to not indict

LMFAO

It's frustrating because her actions if committed by any other member of the US government would have resulted in federal prosecution. That's one area that should be indisputable by Republicans and Democrats alike.

i agree that shes and old creepy hag, but she didnt commit any crime

...

having that private email server was illegal