Comment on Why are so many leaders in tech evil?

• Drivebyhaiku@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Technically workers do not care about profits, they care about wages. The average worker doesn’t benefit from profit because they represent a fixed expense. The work they produce is worth more than their salary which is how a company produces profit. As long as a company breaks even and the salary is enough to meet one’s needs a worker does just fine. However a worker’s job could easily be axed in the name of profit because they are what is being profited off of, not the entitled beneficiary of the business as a whole.

  Profit it just the take home winnings of the investors or owners of the business and the few jobs at the top where compensation is based off of profit percentage or lavish bonuses for making the targets.

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  • Asafum@feddit.nl ⁨2⁩ ⁨months⁩ ago

    So many people don’t understand that profit comes after all expenses which includes labor. :/

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  • doodledup@lemmy.world ⁨2⁩ ⁨months⁩ ago

    What I mean is that the company and the worker have the same interests in some way. Everyone wants to make money to pay the bills. Companies are no charities and your work isn’t either. If you dislike your relationship with the company, you can just resign that relationship any time. But one thing will never change: the worker will only do the work required from him and the company will only pay the wage required from them. There is nothing evil about that. It’s human nature for the past 20.000 years.

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    • Drivebyhaiku@lemmy.world ⁨2⁩ ⁨months⁩ ago

      If your wages are hourly or salary then they might be raised dependent on either a “performance” bonus which works as an incentive or by a fixed yearly raise but neither is tied to profit. It’s technically just engineering the workforce to give more output by dangling a carrot. The size of the carrot distribution is factored into the labor cost - it is distinctly not profit, it is operating budget which deducts from profit because it is counted as an expense.

      Here is the thing about profit - it comes from saving money on labor, resource or overhead. Sometimes it’s a neutral or good thing when the profit comes from a source like a clever innovation that solves a problem or by fulfilling a highly desireable market demand… But a lot of the time that isn’t the case. Those profits can come from collaboration with competitors to pay labor less, finding cheaper materials that shunt the costs onto other people outside the business by means of pollution or utilizing exploitable workforces with less health or legal protections, outsourcing.

      Yes people are motivated by money but why do people want money? In the case of your average worker the demands are quite small. Money equals security - a non toxic and comfortable place to sleep, food on the table, assured care for health when sick or old and creature comforts to create fulfilling free time. Profit oftentimes incentivizes removing these things from other people in service to an investor class. Creating protections against this is often the prerogative of government because government depends on the wealth of it’s people to perpetuate itself so it’s incentive is to protect the majority of people whom hold them accountable on the whole from becoming exploited into poverty, sickness and death because those things can be profitable. One can say “that’s just the way it is” only so long as once a large enough group of people see no value or security in living life they generally start banding together to become violent.

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