Comment on Anon becomes a shrimp farmer
Gradually_Adjusting@lemmy.world 1 month agoIsn’t this technically just commerce? At least until he does an IPO.
Comment on Anon becomes a shrimp farmer
Gradually_Adjusting@lemmy.world 1 month agoIsn’t this technically just commerce? At least until he does an IPO.
Donkter@lemmy.world 1 month ago
No? He’s acquiring capital (land, shrimp farm equipment, shromps) and using his labor to create something (more shromps) and selling his product for a profit.
He owns the property, takes the investment risk, and keeps the profits. In theory he’s competing in a market with other shrimp sellers but like I said from the sound of it the market is pretty thin so he gets to sell for a huge profit.