Re:How to Succeed in Mrbeast Production (Leaked PDF)
by hnbad on Monday September 16, 2024 @03:20AM
(#41553576)
"Profit" means you're overpaying (i.e. the amount of money you exchange for goods or services exceeds the cost of providing them). Failure to operate at a profit (even if it may be indirect in cases like VC-funded disruptors undercutting established competitors for early growth) means the business will fail.
Business transactions are exploitative. That's the entire point of them. Otherwise it'd just be tit-for-tat or a gift economy. You don't want to recover your investment, you want to grow your investment. And beating inflation is the baseline.
Re:How to Succeed in Mrbeast Production (Leaked PDF)
by d1sxeyes on Monday September 16, 2024 @04:06AM
(#41553851)
'exploit' comes from Latin via French, where the meaning of 'to attain profit through abuse' is further down on the list of meanings (https://www.larousse.fr/dictionnaires/francais/exploitation/...) compared to English where it's the primary or secondary meaning (https://www.merriam-webster.com/dictionary/exploit).
I'd probably agree that it makes sense to try to find a synonym where possible, but I wouldn't say it's necessary in cases where it would not be succinct or clear otherwise.
When there's choice/competition and transparency/information (i.e. not some form of advanced psychological manipulation going on that can be impossible to economically avoid for many), who's being exploited?