Socialism

5130 readers

1 users here now

Rules TBD.

founded 5 years ago

MODERATORS

[email protected]

381

Record profits are unpaid wages (mstdn.ca)

submitted 1 year ago by [email protected] to c/[email protected]

16 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 13 points 1 year ago (2 children)

I might need a /s here, cuz I can’t tell.

If not: The most profitable companies are those that either: are monopolies (of the consumer and/or labor side), operate as banks, or operate as limited-liability speculative arms of banks.

No ingenuity required, only “I have money on hand, so I win”.

[–] [email protected] 5 points 1 year ago

The most profitable companies also do the utmost to treat employees as contractors and avoid paying employer taxes, social security and health insurance.

Uber is just waiting for self driving cars and will fire all their contractors the day it happens. Amazon will fire all their delivery guys once drones work as intended.

[–] [email protected] 1 points 1 year ago (1 children)

Which of those is Apple? Is it really a monopoly?

[–] [email protected] 4 points 1 year ago

Oligopoly. We are witnessing how useless the offices for competition have been for decades. And they punish borrowers with higher interest rates.