@freemo @lowqualityfacts The employees... make the goods and services? they make the stuff and sell the stuff; they do all the work, that's why they should get the profits. Anyway, this ultimately comes down to whether or not you think exploitation of labor is immoral, and obviously you don't, so there's no point in me arguing with you over this.
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Archiolgy (admin@mastodon.number251.duckdns.org)'s status on Friday, 05-Apr-2024 20:12:50 JST Archiolgy -
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Archiolgy (admin@mastodon.number251.duckdns.org)'s status on Friday, 05-Apr-2024 14:30:15 JST Archiolgy @freemo @lowqualityfacts
The maths on that doesn't add (or rather divide) up to me. You're saying that 50,000,000 divided by 1,500,000 is less than 0.01?
Firing the CEO would give the workers about 33 dollars a year; still not very much. Comparing the profits of the company to the wages should paint a better picture. With a net profit of $383 billion in 2023, that would be enough to pay the 1.5 million people over $250,000 per year. And the shareholders do even less than the CEO.