Profit: Difference between revisions
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A concept in Patrick Anderson's [[User Ownership]] Theory. | |||
=Description= | |||
Profit is not [[Value]], it is the difference between consumer price and owner costs - where wages are one of those costs. | Profit is not [[Value]], it is the difference between consumer price and owner costs - where wages are one of those costs. | ||
Profit is not needed by society, it is simply an inverse measure of consumer development and can be balanced (to solidify an economy) by treating it as an [[User Ownership]] investment for that same consumer into [[Physical Sources]] needed for future production as outlined in the GNU [[General Public Law]]. | Profit is not needed by society, it is simply an inverse measure of consumer development and can be balanced (to solidify an economy) by treating it as an [[User Ownership]] investment for that same consumer into [[Physical Sources]] needed for future production as outlined in the GNU [[General Public Law]]. | ||
Revision as of 23:44, 17 July 2007
A concept in Patrick Anderson's User Ownership Theory.
Description
Profit is not Value, it is the difference between consumer price and owner costs - where wages are one of those costs.
Profit is not needed by society, it is simply an inverse measure of consumer development and can be balanced (to solidify an economy) by treating it as an User Ownership investment for that same consumer into Physical Sources needed for future production as outlined in the GNU General Public Law.