
Discussion
The real beauty in this is what comes after the high profits.
First, the rest of the market participants wise up and copy the incumbent, driving prices and profits down, not up. That's good for consumers, mainly.
Then, ingenuity finds and extracts even the smallest efficiency of the existing solution, trying to counter the inevitable. That's also good for consumers, and temporarily for those who can keep up with the race to zero profits.
Finally, when even that fails, that's when the magic happens: ingenuity is now applied to finding a new, superior solution.
That's when high profits return for those who came up with it, and we also have a net positive in terms of progress. Sellers win, and consumers win too because they have an even better solution.
This is what socialists do not get and in fact strongly reject. That's why theirs is a failed, evil ideology that amounts to poverty and regression, not progress and increased welfare.
It doesn’t have to be complicated eh?!