The Ethical Root of Hatred for Profit with Richard Salsman
Join Atlas Society Senior Scholar and Professor of Political Economy at Duke Richard Salsman, Ph.D. for a Spaces discussion on recent polls pointing to mounting hostility to profit and an exploration into the philosophical underpinnings of this trend. "Polls show that most people distrust and despise profit, while economists insist that 'perfect competition' entails a 'zero profit condition.' Anti-profit bias arises from a distrust of egoism and a belief in the 'zero-sum' premise versus the trader principle." - Richard Salsman
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Show Notes
Join Atlas Society Senior Scholar and Professor of Political Economy at Duke Richard Salsman, Ph.D. for a Spaces discussion on recent polls pointing to mounting hostility to profit and an exploration into the philosophical underpinnings of this trend.
"Polls show that most people distrust and despise profit, while economists insist that 'perfect competition' entails a 'zero profit condition.' Anti-profit bias arises from a distrust of egoism and a belief in the 'zero-sum' premise versus the trader principle." - Richard Salsman