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Denise Hearn: Embodied Economies: How our Economic Stories Shape the World

Long Now

CHAPTER

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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