this post was submitted on 13 Aug 2024
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[–] Melvin_Ferd@lemmy.world 3 points 4 months ago (1 children)

I don't agree with that guy but doesn't that apply to the people running these companies. Profit can only be made by exploiting labour. There can't be any other way

[–] rezifon@lemmy.world 1 points 4 months ago* (last edited 4 months ago) (1 children)

Profit can only be made by exploiting labour. There can’t be any other way

This is a bad take and suffers from overly-simplistic thinking. Corporations are force multipliers for labor and the economic value of your labor is increased by joining forces with others.

[–] Melvin_Ferd@lemmy.world 2 points 4 months ago (1 children)

Why is it a bad take. How can there be any other way. Where exactly is profit created from?

[–] rezifon@lemmy.world 0 points 4 months ago

Profit is created from the output of productive labor. The amount of profit varies depending on the efficiency of the market and the company.

Companies are force multipliers for labor. The company's profit comes from that force mulitplication, not by withholding profit from the worker who generated it.