Profit: Difference between revisions
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=Discussion= | |||
[[User Owned]] theory describes Profit as [[Price]] above [[Cost]]. | |||
Profit = [[Price]] - [[Cost]] | |||
Profit as 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 investment from the consumer who paid it toward more [[Physical Sources]] needed for future production as outlined in the GNU [[General Public Law]]. | |||
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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 | [[Category:User_Owned]] | ||
Revision as of 01:11, 13 January 2008
Discussion
User Owned theory describes Profit as Price above Cost.
Profit = Price - Cost
Profit as 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 investment from the consumer who paid it toward more Physical Sources needed for future production as outlined in the GNU General Public Law.