Well yes and no. Profit is a byproduct of profitable labor, not all labor. If you’re hunting for food for energy, but don’t catch anything (or catch less than you expended), that was labor but it was not profitable. Which is a criticism I didn’t really point out before either, but my argument was more to say when there is free exchange of labor it is much more often profitable.
Well yes and no. Profit is a byproduct of profitable labor, not all labor. If you’re hunting for food for energy, but don’t catch anything (or catch less than you expended), that was labor but it was not profitable. Which is a criticism I didn’t really point out before either, but my argument was more to say when there is free exchange of labor it is much more often profitable.