I don’t agree with that guy but doesn’t that apply to the people running these companies. Profit can only be made by exploiting labour. There can’t be any other way
Profit can only be made by exploiting labour. There can’t be any other way
This is a bad take and suffers from overly-simplistic thinking. Corporations are force multipliers for labor and the economic value of your labor is increased by joining forces with others.
Profit is created from the output of productive labor. The amount of profit varies depending on the efficiency of the market and the company.
Companies are force multipliers for labor. The company’s profit comes from that force mulitplication, not by withholding profit from the worker who generated it.
I don’t agree with that guy but doesn’t that apply to the people running these companies. Profit can only be made by exploiting labour. There can’t be any other way
This is a bad take and suffers from overly-simplistic thinking. Corporations are force multipliers for labor and the economic value of your labor is increased by joining forces with others.
Why is it a bad take. How can there be any other way. Where exactly is profit created from?
Profit is created from the output of productive labor. The amount of profit varies depending on the efficiency of the market and the company.
Companies are force multipliers for labor. The company’s profit comes from that force mulitplication, not by withholding profit from the worker who generated it.