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How can a business/company grow and develop if it doesnt make net profit?
By making a profit and not increasing it by underpaying employees.
Easy. By definition, if the money is going back into the business it isn’t profit. It’s overhead.
No, it’s still profit. It’s profit that’s reinvested into growing the business. Profit is revenue - operating costs. Scaling is not an operating cost, it’s an investment.
Then where does profit go?
Into the pockets of the owners/investors
The ones who made it possible at the beginning, and paid workers wages from their own money? Screw those guys!
What is it about being wealthy that makes you deserve a bigger share of the results of group labor?
If anything that’s a great reason for them to get the least out of the venture, they didn’t do the work
yeah, anything above a certain percent I can see as theft from working class, but profit is expected to some degree. that alone doesn’t paint a full picture at all.
Exactly. What really bugs me about lefty/antiwork sentiment lately is that it increasingly seems to be built upon and pushing fundamentally flawed black/white style concepts with unrealistic demands that don’t understand the nuances of the world we live in.
This is antithetical to progress, it alienates many supporters and breeds politically useless extremism.
lol we’re getting downvoted
Profit shouldn’t exist, period. Get yourself a salary there Executive man and stop playing god. There is one singular reason to care about profit, and thats to get on the stock exchange to start living like an American Sultan. Profit should not exist, that money should go back to the workers and society, not into the coffer tombs of self proclaimed giants.
Can an “Adjuster” please adjust peoples wages by visiting certain corporate executives? Just have a “peaceful little chat” with them 😉.
Give them a little “year-end review” 🙊
No prior authorization for thoughts and prayers, however.
Out of my sympathy network.
No, profits are the difference between what a person is willing to accept to do a job, and what someone is willing to pay for their production less the cost to make it.
Profit isn’t theft. If you want the full value of your work produce the good or service yourself. If you can’t, pay someone to do the things you can’t. Oh look, business.
Are certain players taking a ridiculous profit- yes. Are people suffering because of it - yes. Could it be done better - absolutely. But just because you don’t like something it doesn’t make it theft.
Just because you don’t like when the word theft means capitalism is bad doesn’t mean capitalism is actually good
Never said capitalism is good.
In other words Exploitation, Thanks for clarifying in a round-about way that Capitalism = Exploitation
What job do you have?
What job do you have?
Service industry
Part time uni tutor.
Im asking because I want to know why you don’t go at it alone?
