Friday, September 18, 2015

The End of Profit

Finally I get to write my own "The End of..." piece, albeit just in my own blog. To not bore anyone with the requisite amount of text appropriate for the title, here's just the executive summary.

The never-ending quest of the business world to increase efficiency means increased commoditization of every product, with which margins become really thin, making it very difficult to turn any profit at smaller scale, which in turn would disincentivise new business formatiuon, which will depresses the economy and wages. Where did I make an error here?

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