Why Nostr? What is Njump?
2024-06-02 03:19:24
in reply to

SHSS on Nostr: Profit is the only reason people with savings forego present consumption in order to ...

Profit is the only reason people with savings forego present consumption in order to take a risk by accumulating capital with the hopes of providing higher valued goods and services that will in turn allow them to consume more in the future.

Capitalism is what happens when property rights are respected. Or how Said likes to put it, it’s what happens you leave people alone
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npub1hhczaensvm77hgj4uxk804n6m9gy3hk4p6ugtgqu4vu32mjzst0s83cz98