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> Corporate profits are unpaid wages. what about corporate losses then?
by redeeman 3y ago
> Corporate profits are unpaid wages.
what about corporate losses then?
- tekno45 3y agoThey're not reasons for a CEO to get a multi million exit package.
- blargey 3y agoLayoffs, pay freezes, cuts to wages/bonus/raises, etc?
- harimau777 3y agoA lot of leftist argue for worker owned businesses. Wouldn't that mean that losses would effectively be owned by the workers?
- deleted 3y ago[deleted]
- CuriousCosmic 3y agoWhat do you think happens when a company is losing money? It's not like the shareholders are just eating that loss out of the goodness of their hearts. Instead there are layoffs, cancelled projects, and pay cuts. All of those are workers bearing the cost of the losses.
- latency-guy2 3y agoAre discounts then customers pilfering the pockets of the workers? Combo deals? How consistent is your ideology really?
- CuriousCosmic 3y ago> Are discounts then customers pilfering the pockets of the workers? Combo deals? No. That's marketing. Marketing is a strategy used to help turn a profit. Giving away that profit to shareholders makes absolutely no contribution to the ability of a business to turn a profit. Those aren't remotely close to similar.
- kentrado 3y agoAnd what's wrong with that?