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How can a business/company grow and develop if it doesnt make net profit?
Easy. By definition, if the money is going back into the business it isn't profit. It's overhead.
Tell me you don’t understand basic business principles without telling me you don’t understand
Sounds to me like your trying to operate on only basic principles and not understanding the more nuanced and complicated language
No, it's still profit. It's profit that's reinvested into growing the business. Profit is revenue - operating costs. Scaling is not an operating cost, it's an investment.
Then where does profit go?
Into the pockets of the owners/investors
The ones who made it possible at the beginning, and paid workers wages from their own money? Screw those guys!
yeah, anything above a certain percent I can see as theft from working class, but profit is expected to some degree. that alone doesn't paint a full picture at all.
Exactly. What really bugs me about lefty/antiwork sentiment lately is that it increasingly seems to be built upon and pushing fundamentally flawed black/white style concepts with unrealistic demands that don't understand the nuances of the world we live in.
This is antithetical to progress, it alienates many supporters and breeds politically useless extremism.
"lately"? This is foundational to the entirety of left wing thought.
The left starts at abolition of capitalism and by extension corporate profit. If you disagree with that, you're simply not left wing in any way, you would be better off in right wing or far right sites like reddit or Facebook. They're their product of your beliefs, stick to them.
lol we're getting downvoted
Profit shouldn't exist, period. Get yourself a salary there Executive man and stop playing god. There is one singular reason to care about profit, and thats to get on the stock exchange to start living like an American Sultan. Profit should not exist, that money should go back to the workers and society, not into the coffer tombs of self proclaimed giants.
The world doesn't work the way you want it to, and it never will, simply because people are too selfish. If it ever happens, it will be because we've transcended humanity and become something else.
By making a profit and not increasing it by underpaying employees.