This is an introductory chapter. Karl Marx wrote to each according to his need, from each according to his ability.
Highest value is defined by what people choose to purchase.
So, highest value and profitability go hand in hand. That is how you make money and improve your own standard of living in a market economy. Resources are wasted. What resources there are, are often allocated to the military or to friends of the government. Because the government owns property, it is not taken care of, land and structures are abused and the environment suffers.