370
you are viewing a single comment's thread
view the rest of the comments
[-] intensely_human@lemm.ee -2 points 1 year ago

Because it’s not actual business taking place. Profit is when you produce more value than you consumed, as evidenced by people being willing to pay your price for the goods or services you’re offering.

Government doesn’t willingly buy things in the same way as a consumer or other private entity. It is compelled to by law, and instead of computing actual value in its purchases it seeks minimum cost for a set level of service.

[-] HikingVet@lemmy.ca 4 points 1 year ago

That isn't an explanation on how companies who provide products and services to the government aren't for profit.

I've worked for companies that had government contracts. They are for profit and it isn't grants.

I don't know it works in your mind but in the real world you can actually make good money (and profit) with gov. contracts.

[-] Sunforged@lemmy.ml 2 points 1 year ago* (last edited 1 year ago)

It's wild people are so ignorant to how our economic system works and how our government is entwined in it. Then again,

looks around

no, shit, that actually explains alot.

this post was submitted on 13 Nov 2023
370 points (91.9% liked)

World News

39032 readers
2215 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS