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<blockquote data-quote="pawsplay" data-source="post: 5085653" data-attributes="member: 15538">And what is the purpose of profit? The purpose of a corporation is to allow a collective to act as if a legal person; it may engage in actions that a person may engage in. Like a person in business, a corporation must make a profit, but profit can not be the sole guide of a business, whether personal or corporate. The means of making a profit are foundational to any business. Businesses that follow only the bottom line and fail to produce value for their society are doomed, if not by the actions of others against the business, than by the eventual downgrade of the society in which it exists. The purpose of profit is to enrich a society. Therefore, if the purpose of a corporation were said to be to make a profit, the purpose of corporations is ultimately to enrich society. Profit unto itself means nothing; what does it mean to be the most profitable company in a failing economy?</blockquote>

[QUOTE="pawsplay, post: 5085653, member: 15538"] And what is the purpose of profit? The purpose of a corporation is to allow a collective to act as if a legal person; it may engage in actions that a person may engage in. Like a person in business, a corporation must make a profit, but profit can not be the sole guide of a business, whether personal or corporate. The means of making a profit are foundational to any business. Businesses that follow only the bottom line and fail to produce value for their society are doomed, if not by the actions of others against the business, than by the eventual downgrade of the society in which it exists. The purpose of profit is to enrich a society. Therefore, if the purpose of a corporation were said to be to make a profit, the purpose of corporations is ultimately to enrich society. Profit unto itself means nothing; what does it mean to be the most profitable company in a failing economy? [/QUOTE]

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