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Profit is the difference between the cost to produce a good or service and the revenue generated from it. Cost of labour is just one aspect of the cost to produ
by bregma 5y ago
Profit is the difference between the cost to produce a good or service and the revenue generated from it. Cost of labour is just one aspect of the cost to produce a good or service.
Google is exploitative because they don't fully compensate the value of labour used in production. This is wrong and damnable and illegal in any reasonable jurisdiction. Google is profitable. This is not wrong and commendable in most places. The concepts should not be conflated.