The Morality of Profit

Eleventh Commandment – Acceptable Profit

Posted in General by on Jun 9, 2010. 0 Comments

Normal profit is often a plant of slow growth. Anyone who argues about profit should understand costs-reward systems. Since anyone in business is working, s/he needs to be rewarded and such reward is that profit that is acceptable.

With reference to biblical tale-tale: a master with talents to his servants, those servants who invested and earned profit on the talents were rewarded hence the ubiquitous operative phrase that “those who have shall be added…”

The way businesses make profit and how they conduct themselves dictates how they are relating to morality of profit. E.g. the case of monopoly, businesses seem to go for greed profit which is viewed as immoral. Irrespective of whether they are contributing to social responsibility or not the pursuit of profit should not be looked at as a good in itself, but as an avenue of achieving good in the society hence a necessary evil.

Without profit human needs won’t be satisfied hence the evolution of social ills. Abnormal profit earned by a few selfish entities of society stratifies regions of the world into classes of the “Haves” and the “Have-Not”, – especially as is seen in the developing countries. Corrupt acts are hitherto embraced for survival. Such societies eventually lose touch with basic life practices such as the appreciation and proper utilization of land as God-sent resource. This ignorance is initialized at the expense of “plastic” lifestyles for the developing nations. Talk about catching at shadows and lose the substance.

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