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22min chapter
Denise Hearn: Embodied Economies: How our Economic Stories Shape the World
Long Now: Seminars About Long-term Thinking
Evolution of Profit Concept
Exploring the historical shifts in profit accounting, from asset-based wealth measurement in ancient times to cost-cutting measures in the industrial era, leading to the rise of multinational corporations and financialization. The narrative reflects on the influence of complex financial instruments, market valuation methods, and the dominance of intangible assets on corporate profitability.
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