3 ms·
Economic growth also comes from getting more for less. A company can increase their profits by growing and increasing both what they spend and what they earn.
by carlosjobim 3mo ago
Economic growth also comes from getting more for less.
A company can increase their profits by growing and increasing both what they spend and what they earn. But a company can also increase their profits by reducing what they spend without decreasing what they earn. Almost all companies are constantly trying to do this.
- giglamesh 3mo agoOften (usually?) by requiring workers to do more for less pay. Automation will eventually solve this problem, but because of the need to increase profits, finding an alternative way for companies to economically support human life the way they traditionally have through employment will be a tough nut to crack.
- carlosjobim 3mo agoBy any and every means available, but not mostly by whipping workers harder.
- DANmode 3mo agohttps://wtfhappenedin1971.com https://wtfhappenedin1971.com (Hint: it actually happened in ‘61…)