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Americans who believe in Socialism, if you were given the opportunity to immigrate to a country with socialist policies, would you? (lemmy.world)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] -2 points 1 year ago (1 children)

If I have a broken car and want to sell it to my neighbor, how can I do that if profit is eliminated?

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

I meant corporate profit. Selling your used car wouldn't earn you any profit in the first place and even if it did, you would be your very own self employed employee.

I meant profit as the money that instead of through fair wages for actual employees is distributed through dividends to shareholders.

I thought everyone had the same definition of the word "profit", but I guess not.