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Record profits are unpaid wages (mstdn.ca)
submitted 3 years ago by to c/socialism@lemmy.ml
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[–] 14 points 3 years ago (2 children)

I might need a /s here, cuz I can’t tell.

If not: The most profitable companies are those that either: are monopolies (of the consumer and/or labor side), operate as banks, or operate as limited-liability speculative arms of banks.

No ingenuity required, only “I have money on hand, so I win”.

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  • [–] 6 points 3 years ago

    The most profitable companies also do the utmost to treat employees as contractors and avoid paying employer taxes, social security and health insurance.

    Uber is just waiting for self driving cars and will fire all their contractors the day it happens. Amazon will fire all their delivery guys once drones work as intended.

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