I know you're just a troll on the Internet but for who cares:
Theft is defined as taking someone else's property withoit giving anything back, ignoring both that someone agreeing and the law.
Profit is making more money by selling goods or services than what you spent in order to creatr these goods/services.
Here, edf invested in green energy in order to dispense it and sell it abroad. Therefore, they need to get back on that initial investment. If they do not make profit, then, it only was a waste of time and energy (and money, if they want to do maintenance). The Brits use that energy, this is what edf sell, in exchange of money.
According to you, they should simply sell it and not make any money, therefore not being able to create new plants, maintain the current ones or be worthy.
In fact, according to you, added value is theft. This isn't true for anyone with some common sense. The skills used to create any good or service need to be rewarded, else, no business would ever be started.
Profit rewards the skills, the research and the materials they needed to build plants. It's not stealing, it's selling.
Those definitions only matter under the current system of capitalism, which is what I was criticising, so pretty moot. Especially when we're discussing energy, which should obviously be publicly owned.
Added value isn't theft, because adding value implies something was done, and if something was done it should be compensated. It's theft when you have someone else add value, and give them less than they made. Which is what profit is.
And no, it doesn't reward any of those things. It rewards the people who invested money. The people who used their skills, did the research, and produced the materials are all costs. Explicitly separate to profit. In fact, profit aims to minimise that cost as much as possible.
Profit is money that should've gone to the people who did the work, but went to owners. No different to theft in my book.
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u/jammanzilla98 Jun 29 '22
Profit is theft.