You can run any number of enormously valuable programs without turning a profit, if you mean a MONEY profit. Like raising your children properly for example.

The trouble with the prevailing free enterprise system is that they think the word "profit" means money profit alone. How about emotional profit, experiential profit, educational profit, spiritual profit, etc...

I have seen a whole society where decisions were made to "profit" everyone in the community by having a place where everyone had a decent life and could afford the basics, like medical care.

If you think that profit is a matter of money alone...you are mistaken. We could have no money at all, and run everything just fine, according to actual human need, and genuine overall profit in quality of life, instead of cleverly marketing cancer-causing substances, for example. This society provides daily proof that "the love of money is the root of all evil".