Let's say you have an idea for a product that will change the world, but you have no capability to produce it because you'd need access to hundreds of workers and billions' worth of machinery?
Even supposing you want to be paid nothing for your invention, how do you get it made?
You have to have someone else partner with you to do it. But why should they? If nobody is allowed to profit, then there's no business reason for an existing company to innovate or change.
Congratulations you didn't pick up the dictionary and you're still wrong.
What official dictionary says profit is theft?
Profit is money that is kept by shareholders. That money is effectively their wage. If you buy a portion of a company, you normally don't receive a wage.
Do you have a retirement or a savings account? Do you consider yourself a thief?
You really should pick up that dictionary before you continue being wrong about the definition of profit.
You can keep coming back and being wrong or you can actually read the definition.
Profit is money that is kept by shareholders. That money is effectively their wage. If you buy a portion of a company, you normally don't receive a wage
All this? Wrong. You have no clue what the word profit means. And learn how dividends are paid. Open a dictionary for the love of knowledge. Stop being a willfully ignorant cuck to your own ego.
From the Oxford English Dictionary:
"A financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something"
There's nothing about theft or any of the other nonsense you're talking about. And dividends, salaries, and stock trades are 3 very different ways of making money from a business.
Profit is income that is greater then expenses and is the property of the business and/or its stakeholders. Profit can be used to pay dividends, be reinvested in the company, can be used as collateral, or added to the value of a company (sometimes represented through increased stock values).
You didn't copy the whole definition. You need to know the whole thing to know the whole thing.
Let's say you have an idea for a product that will change the world, but you have no capability to produce it because you'd need access to hundreds of workers and billions' worth of machinery?
Even supposing you want to be paid nothing for your invention, how do you get it made?
You have to have someone else partner with you to do it. But why should they? If nobody is allowed to profit, then there's no business reason for an existing company to innovate or change.
Congratulations you didn't pick up the dictionary and you're still wrong.
What official dictionary says profit is theft?
Profit is money that is kept by shareholders. That money is effectively their wage. If you buy a portion of a company, you normally don't receive a wage.
Do you have a retirement or a savings account? Do you consider yourself a thief?
You really should pick up that dictionary before you continue being wrong about the definition of profit.
You can keep coming back and being wrong or you can actually read the definition.
All this? Wrong. You have no clue what the word profit means. And learn how dividends are paid. Open a dictionary for the love of knowledge. Stop being a willfully ignorant cuck to your own ego.
From the Oxford English Dictionary:
"A financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something"
There's nothing about theft or any of the other nonsense you're talking about. And dividends, salaries, and stock trades are 3 very different ways of making money from a business.
Profit is income that is greater then expenses and is the property of the business and/or its stakeholders. Profit can be used to pay dividends, be reinvested in the company, can be used as collateral, or added to the value of a company (sometimes represented through increased stock values).
You didn't copy the whole definition. You need to know the whole thing to know the whole thing.
Here try a real dictionary:
https://dictionary.cambridge.org/dictionary/english/profit