What is the difference between profit and loss? The difference is the correct decision made about a future event! Because of uncertainty there is always risk involved in decisions.
What are some analogies to profit and loss? If I am an athlete I choose a difficult and often grueling lifesyle to master enough skill to be the best. What if I lose the competition?
If I am an explorer I am trying to find the object of my quest? Not every explorer succeeds.
But if I am the best athlete and I win the medal or if I am the explorer and I make the discovery, am I scorned as evil and labeled with unpure motives? No! The same human quality is being exercised by all of these noble individuals. The profit seeker is aspiring in a field of endeavor just like the athlete or the explorer.
To scorn profit seeking degrades our human reality just like scorning an explorer would degrade our human reality. If an explorer uses methods considered uncivilized (for example, the early American explorers used native people to facilitate their explorations) the 'institution' of human exploration is not denigrated. The ignorance of the explorer is recognized as the historical condition and is seen as a weakness, but the idea of exploration as a noble deed is always held up.
To be just the same 'rule' needs to be applied to profit seeking. The profit seeker can always be refined and made more perfect but the idea of 'exploration' for profit opportunities needs to be justly seen as a noble and exalted deed.
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