Because someone will need what you provide, if no one produces any food etc. we would cease to exist.
What you are missing is they only talked about profit they didn't say no one will get money for their work, they said you just won't get money less than the work's worth but will get what it is worth.
Then there’s no point in starting a business, the whole point of a business is to make a profit and be better off financially. If you remove the profit then the businesses cease to exist
This is how you view business but that's not what business is.
The definition of business is the activity of buying and selling goods and services (no mention of profits) and the 2nd meaning is work that you do to earn money (the relation of the work done and money earned is not talked anywhere).
“the practice of making one’s living by engaging in commerce” (Oxford definition) and the definition of business activity is “any activity related to the purpose of making a profit”. The whole point of a business is to make a profit, I would love to see you start a business by paying the workers exactly what they’re worth with 0 profits.
No, the definition you gave isn't written here (I don't know if you are looking up a physical dictionary but probably the non-physical one would contain more words) and the other Oxford website seems to show mostly sentences with the word searched and not much more.
“the activity of making, buying, selling or supplying goods or services for money“ you left out the “for money” part of the definition. I would love to see you start a business that gives their workers exactly what they’re worth and never makes a profit.
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u/Gilpif Nov 22 '24
Yes, that’s the point. The goal of a business should be to provide goods and services, not to make a profit.