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/biz/ - Business & Finance


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18549638 No.18549638 [Reply] [Original]

>Profits = Sales - Cost
>paying wages to employees is a significant cost
So why exactly did we get rid of slavery again /biz/? By definition if we stop paying wagies we should see a huge rise in profits

>> No.18550348

profits are supposed to be what comes after cost, what your describing is revenue you smoothbrain.

>> No.18550364
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18550364

>>18549638
Because when you take into account the cost of housing your slaves, clothing your slaves, feeding your slaves, chaining up your slaves, and hiring overseers to whip them and make sure they're working, and then you also take into account the decreased profits from your slaves working the bare minimum necessary to avoid being whipped, slavery is actually a net decrease in profits for the slave-owner in a modern industrial world.

>> No.18550366

>>18549638
What do you think interns are for? Plus, we are seeing a huge demand for automation for the same reasons.

>> No.18550382

>>18550364
>Because when you take into account the cost of housing your slaves, clothing your slaves, feeding your slaves, chaining up your slaves, and hiring overseers to whip them and make sure they're working

We have an excess oversupply of highly educated college graduates that outnumber job openings by 1000 to 1, who would all happily work for free for experience. Some would even gladly volunteer to whip their own for free, I am willing to bet.

>> No.18550398
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18550398

>>18550382
If you already have free laborers then enslaving them is just gratuitous and wasteful.

>> No.18550399

>>18550366
>What do you think interns are for?

Interns are still fairly inexperienced and just do grunt work that requires little or no skill.

The real blackpill is to convince highly educated Masters PhD graduates from STEM fields to work for free or below min wage.

This is already happening btw.

>> No.18550404

>>18549638
Fun fact: adjusting for inflation, the cost to take care of a slave comes out to right around what the average salary of an American is today.

Who said we ever got rid of slavery? It's still here, you are the slave. And the slave masters are the corporations and they've figured out a way to not be responsible for housing, feeding, nor Healthcare, and when they see fit they easily can fire you and get a new slave

>> No.18550416

>>18550404
I meant corporations can go one step further and simply not pay wagies anymore.

>> No.18550433

>>18549638
>So why exactly did we get rid of slavery
wageslaving is below slavery in term of status and social protection.
Learn about history of labour you newb.

>> No.18550442
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18550442

>>18550416

>> No.18550451
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18550451

>>18550433
I too remember being raped and beaten to within an inch of my life by my employer before being sent to work to death in the mines while my children are ripped from my arms and sent to service another man's family.

>> No.18550484
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18550484

>>18550451
>he fell for the ZOG & bigcorp propaganda
ngmi

>> No.18550499
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18550499

>>18550484
>anything that goes against what I'd prefer reality to be is propaganda

>> No.18550837

>>18549638
try going to a supermarket right now then mentally extrapolate the next six months of international geopolitical events. that gum you like is going to come back in style.