• hogunner@lemmy.world
    link
    fedilink
    arrow-up
    98
    ·
    edit-2
    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@aussie.zone
        link
        fedilink
        arrow-up
        2
        ·
        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
        link
        fedilink
        arrow-up
        3
        arrow-down
        9
        ·
        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
              link
              fedilink
              arrow-up
              4
              ·
              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
      link
      fedilink
      arrow-up
      8
      ·
      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
      link
      fedilink
      arrow-up
      2
      ·
      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.