• hogunner@lemmy.world
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    1 year ago

    Underpaid employees: Corporations are going to fix this problem they created by paying employees their share of record profits?

    Corporations: No, not like that!

      • Nonameuser678
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        1 year ago

        I agree with this statement but thought I’d have a go at challenging it just for fun. The nature of profits and wages is relative to whether or not a business model requires workers to make profit. For example some companies make money off of owning the result of a worker’s labor (patents, software, creative work etc) rather than their ongoing labor. So while not all profits are necessarily unpaid wages, they are still dependent on the exchange of labor.

      • keeb420@kbin.social
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        1 year ago

        Profits can go to cover capitol expenditures on your business as well. And there’s nothing wrong with that.

            • tider06@lemmy.world
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              1 year ago

              It’s an asset charged as a fixed expense, depreciated over time. It is an expense, generally property or equipment, but still is an expense, which is defined as money spent in pursuit of revenue, which is determined before profit.

    • theodewere@kbin.social
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      1 year ago

      wait, you mean the Trump Tax Cuts haven’t trickled down to workers? well what in the Wide Wide World of Sports is a going on here?

    • Flying Squid@lemmy.world
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      1 year ago

      My boss likes to show us how much money the company is making at our quarterly meetings. I think he thinks it’s morale-building, but I know, in at least the case of me and a co-worker, that all it does is make us think of how low our pay is.