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libertypicks / LibertyPicks
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2024-11-06 23:30:01

libertypicks on Nostr: mises.org: Entrepreneurial Profit Follows Good Decisions, Not Exploitation -- ...

mises.org: Entrepreneurial Profit Follows Good Decisions, Not Exploitation -- https://tinyurl.com/22peadue -- Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when they correctly gauge markets. Exploitation has nothing to do with it. #liberty #news
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