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30 sats \ 1 reply \ @Shugard 6 Jan \ on: The Pleb Economist #1: The Art of Economic Communication econ
Fucking YES
Yes, it's so simple, yet people don't realize this very basic thing.
Of course, market power is a big discussion, and some bad forces like enshittification are also profit-driven, but you can't have a productive discussion unless you understand the basic fact that fundamentally, profit comes from value creation.
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