4 ms·
> Customers, not companies, are the ultimate beneficiaries of their labor. This is plain wrong. Capital is the one making a profit off of labor, not consumers.
by hamandcheese 4y ago
> Customers, not companies, are the ultimate beneficiaries of their labor.
This is plain wrong. Capital is the one making a profit off of labor, not consumers. And capital frequently tries to extract further benefit at the expense of labor and consumers (like shifting wages to tips).
- O__________O 4y agoShort of consumers with no choice but to consume their services and products via monopolies, it’s obvious consumers do control the means of profits, not the companies that provide them. If consumers (or employees) and not companies are empowered to leverage that control is the subject of the thread. Assumption that companies must exist in capitalism is just that, an assumption.