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Fundamentally, a business must charge more than the total costs and actual inherent value of a product or service - that's what profit is, getting people to pay
by NemoNobody 2y ago
Fundamentally, a business must charge more than the total costs and actual inherent value of a product or service - that's what profit is, getting people to pay more than something is worth.
They really did make the iPhones that started selling at $500+ dollars for like $8 something. The people that constructed the phones received none of the additional $492+ bc they were already included in the $8 something
The fact that Apple is one the biggest companies in the world - beloved even and yet functions like that, is all but universally praised for that level of exploitation... THATS the problem, profit itself is the slipperiest slope.
Tbh, if only 2 out of 100 people are actually going to get some of that profit pie - the whole system is just so obviously not worth it, I don't understand why people go to work at all