alexandriaruthk profile image 74

Do you think private profits are necessary evil?

In a capitalist free market economy, profits are necessary to provide goods and services to the people. Businesses accumulate profit but the government regulate businesses and collect taxes. Since they accumulate tax and this provide social benefits to the people. Some are arguing that profits are necessary evil specially if it is in the hands of the few or there is monopoly. Do you think it otherwise?


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LandmarkWealth says

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