my point, is I won’t give companies a shred of recognition of a ‘good job’ until their crimes, lies and corruption are stopped or they are jailed. no more free passes, no more looking the other way, no more ‘well it’s kinda better now’ … no. hard stop, I’m sick of all these companies. they all deserve nonstop hatred, being called out for crimes and being treated like trash.
Profit can also be the value of the labour you put into something. If you buy wood, build a table, then sell it for more than the value of the wood, then that profit is the value of your labour.
No. Profit is revenue in excess of costs, yes, but the cost of building a table isn’t merely the cost of the materials. Costs also include the time and effort spent building the table, the time and effort spent learning to build tables, the cost of acquiring tools with which to build, the cost of having a space in which to build, and the cost of finding customers to buy the table.
When you factor these other costs in to the table, the builder breaks even. Yes, even if they end up with more money than with which they started. They simply exchanged their time and effort for money, but they can never get that time back can they?
Most people would understand “profit” to mean the net flow of money, not value. If you redefine it this way, then you can no longer look at the “profit” line of a company’s sheets and say that they’re stealing because the number is positive.
my point, is I won’t give companies a shred of recognition of a ‘good job’ until their crimes, lies and corruption are stopped or they are jailed. no more free passes, no more looking the other way, no more ‘well it’s kinda better now’ … no. hard stop, I’m sick of all these companies. they all deserve nonstop hatred, being called out for crimes and being treated like trash.
What crimes have LEGO committed?
Instead of paying workers what they are worth, they are paid a market wage that is always less than the value they produce.
That’s where profit comes from. All profit is theft.
Profit can also be the value of the labour you put into something. If you buy wood, build a table, then sell it for more than the value of the wood, then that profit is the value of your labour.
No. Profit is revenue in excess of costs, yes, but the cost of building a table isn’t merely the cost of the materials. Costs also include the time and effort spent building the table, the time and effort spent learning to build tables, the cost of acquiring tools with which to build, the cost of having a space in which to build, and the cost of finding customers to buy the table.
When you factor these other costs in to the table, the builder breaks even. Yes, even if they end up with more money than with which they started. They simply exchanged their time and effort for money, but they can never get that time back can they?
Most people would understand “profit” to mean the net flow of money, not value. If you redefine it this way, then you can no longer look at the “profit” line of a company’s sheets and say that they’re stealing because the number is positive.
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