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Episode 17: Earning Profits is Your Social Responsibility

Words & Numbers

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The Misunderstanding of Profit

"We see profit through new eyes and this is actually something that's good," he says. "Let's make no mistake here, right? We're looking for the medium of exchange to store wealth over time." But if I can lobby my local congressman to tax all people with bald heads and give the money to me, I'm better off, except that this wasn't a voluntary exchange. It was involuntary. And that money I'm collecting is actually a sign that I've harmed society, rather than benefited it".

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