Comment by robertlagrant

Comment by robertlagrant 12 hours ago

0 replies

All profit made by an employee is value invested by a business' owners and creditors extracted from it.

So what? You just seem to have found a perjorative way to describe work. If I pay someone to fix my tap the comfort I have now my taps work comes from me "extracting" value from the plumber?

And it's worse than that. Profit isn't just employee work. If I buy a robot to replace an employee, I might have more profit. And it's not just that work. It's also contracts with other suppliers, and risks, and debt to pay back, and decisions made, and agreements and relationships, and automation.