I work in a school. I often remember there are ALOT more students than staff. They cant ALL be on dentention at once...
Wish i could tell the students that, but i also like my job and want to keep it.
No, it's still profit. It's profit that's reinvested into growing the business. Profit is revenue - operating costs. Scaling is not an operating cost, it's an investment.
yeah, anything above a certain percent I can see as theft from working class, but profit is expected to some degree. that alone doesn't paint a full picture at all.
Exactly. What really bugs me about lefty/antiwork sentiment lately is that it increasingly seems to be built upon and pushing fundamentally flawed black/white style concepts with unrealistic demands that don't understand the nuances of the world we live in.
This is antithetical to progress, it alienates many supporters and breeds politically useless extremism.
No, profits are the difference between what a person is willing to accept to do a job, and what someone is willing to pay for their production less the cost to make it.
Profit isn't theft. If you want the full value of your work produce the good or service yourself. If you can't, pay someone to do the things you can't. Oh look, business.
Are certain players taking a ridiculous profit- yes. Are people suffering because of it - yes. Could it be done better - absolutely. But just because you don't like something it doesn't make it theft.