The principle of self interest profit refers to Adam Smith’s creation of the invisible hand. The invisible hand is a metaphor that states “in a free market, an individual pursuing his own self-interest tends to also promote the good of his community as a whole through a principle.”
For an example, if you are pursing your own interest to gain a profit you would go and make something that would help out the world like a cure for AIDS.
THis picture shows the invisible hand and how it's all about gaining porfit for yourself
For an example, if you are pursing your own interest to gain a profit you would go and make something that would help out the world like a cure for AIDS.
Created by BFREEL
http://en.wikipedia.org/wiki/Invisible_hand