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by onion2k 2478 days ago
Where do you think profits come from? Profit is the difference between what you pay your workers and the value of their work.

I don't think the OP is refuting that. Paying someone 50% of the value they generate is fine. That's how businesses work. Paying someone 2% of the value they generate because they live in <place with a low cost of living> is much less easy to justify.

1 comments

It's trivial to justify. Companies exist to maximize profit. You make more profit by paying your employees less.

Also, plenty of people in my responses are denying that this is what profit is.

It is still inhumane. There are other ways of running businesses, but rarely tried as they are typically squashed by bankers or VCs not providing financing.

Examples include directly hiring trade unions, cooperatives, associations...

Yes, a society organized around the profit motive is inhumane. That is the point I was making.