• Night Monkey@sh.itjust.works
    link
    fedilink
    arrow-up
    1
    arrow-down
    3
    ·
    8 months ago

    How much profit should a private business be allowed to earn then? If you ran this business what would be acceptable to you?

    • Tak
      link
      fedilink
      arrow-up
      1
      ·
      8 months ago

      If I ran this business I wouldn’t accept pay higher than the lowest paid and all profit is theft from the working class. Only if the laborers desire for there to be profits should there be profits.

      • Night Monkey@sh.itjust.works
        link
        fedilink
        arrow-up
        1
        ·
        8 months ago

        That’s mighty admirable of you.

        Did this article state what they were going to do with their profits? Were they going to line the pockets of the higher ups? Or maybe save it for a rainy day?

        • Tak
          link
          fedilink
          arrow-up
          1
          ·
          8 months ago

          That’s not how profits work, the salary of employees (even executives) are taken before.

          It’s also not admirable to want people to simply be paid what they were being paid and not getting pay cuts. If an employer doesn’t adjust your wage/salary for inflation you are being paid less.

          Also, companies don’t save profits for a “rainy day” they use it to purchase other companies and expand wealth for investors.