/biz/ - Business & Finance

>>53421014
Capitalism is good in a meritocracy but since everything is based around nepotism and pussy passes I agree with Maoism

>>53421014
Ethereum ataking, Bitcoin Mining, is in itself socialism. Who owns the means of production? The miners and the stakers. Socialism is base af.

>>53421014
K

>>53421014
Was maintenance of equipment, loans, ingredients, etc. deducted or does the article make the usual mistake of mistaking revenue for profits?

>>53421014
Worker-owned businesses are entirely within the confines of capitalism/voluntary exchange. They just tend to not do as well.

>>53421014
Is a business with no profits a business?

>>53421014
without a boss i would offer to do half of everyone else's work for a quarter of their wages.
then i'd pay the new esl guy a fraction of my new wages to do all the work i was supposed to do while offering him bonuses for every new esl hire who'd work for half wages
there
socialism defeated by opportunism and hard work

>>53421111
I've observed that your post No. ends in numerals that repeat themselves. On top of this, one might also take note that the content of your post is succinct and insightful. I have nonetheless decided to "sage" my reply. I hope you will understand that this is nothing personal.

>>53421062
Meritocracy is a meme

>>53421014
>Instead, the shop had 220 orders with $6,300 in sales and $1,200 in tips. He said the $7,500 equaled $78 an hour for his employees that day.
I was about to call hard bullshit on this article but it turns out it was REVENUE, not profit. Even without including tips, entire fucking pizza CHAINS aren't making $6300 in bottom line net profit in a day.
>>53421111
>>53421113
it's revenue but the article isn't making a "mistake," I think framing it as "profits" in the headline is 100% intentional to make bots run by room-temp IQ socialists like OP do exactly what he's doing, spreading the story with some "gabidolism BTFO" spin
Basically the guy ate an entire day of costs to say thanks to his workers, it's admirable but not sustainable by any means

How is making money by providing a service socialism?

>>53421014
Now have them get paid that every day for a year and deduct the socialist mandated taxes on that amount.

>>53421014
That's not socialism, this is socialism.

>>53421014
-K
$78/h the day that happened, so only for one day. Nice try, Schlomo.

wouldn't those workers immediatly go on a drug fueled bender and never show up again?

>>53421014 >>53421062 >>53421070 >>53421101 >>53421111 >>53421113 >>53421155 >>53421158 >>53421210 >>53421295 >>53421309 >>53421339 >>53421372 >>53421387 >>53421399 >>53421418

> About Capitalism
https://files.catbox.moe/t0pn97.webm

> "It's NOT Capitalism!"
https://files.catbox.moe/3j3pl8.webm

> The Total Annihilation of Stefan Molyneux
https://files.catbox.moe/8kc317.webm

> Comment to "The Total Annihilation of Stefan Molyneux"
https://files.catbox.moe/9ppk8s.webm

> The Decapitation of a Two Headed Beast
https://files.catbox.moe/qi15vn.webm

>>53421387
>>53421564
Every socialist/collectivist system of any kind ends with the erosion of personal property right and freedoms, without fail, and epic mustache man's system was no different

>>53421014
fr fr no cap(italists)

Why should the owner of an establishment which is the person that is taking all the risks and is creating employment, share his profits evenly with employees?

>>53421824
You mean like what's happening rn in america?

>>53421111
>or does the article make the usual mistake of mistaking revenue for profits?

yes always. 90% of adults are incapable of understanding very basic finance

>>53421014
What sort of system does mad max 2 run on?

>>53421014
>>SOCIALISM DOESN'T WOR-
this was probably a weekend and or holiday and they probably worked their ass off the entire day and you pretend like the owner shouldnt make more than a livable wage for LITERALLY RUNNING HIS OWN BUSINESS

>>53421824
The proles don’t deserve freedom.

>>53421014
>proffits
Lmao, the cost of ingredients, energy, water, wages, and rent come from this.

>>53421014
>>53421062
>>53421070
>>53421387
>>53421564
Back to >>>/pol/ you disgusting socialist rats /biz/ is a capitalistic-libertarian board.

>>53422258
Whats the difference between an anarcho-captalism dream world and Somalia?

>>53421014
>owner is useless
>create "worker owned business"
>give every employee $30/hour, way above competitors
>lower menu prices with the leftover $68/hour per employee ($20/hour + $78/hour profit - $30/hour) profits
>new business outcompetes all other businesses for customers instantly in terms of price
>new business also outcompetes all other businesses for employees in terms of pay
>???
>"worker owned businesses" take over since they are vastly more efficient without "useless owner"

SO WHY ISNT THIS HAPPENING? HMMMMM???

>>53422258
>t. literal retard

>>53421564
True, Evola made the same observation. Capitalism and communism are both just autistic ideas of optimizing wealth distribution for the best quality of life. Material solutions for spiritual problems. And in the post God world, people treat these ideologies like religions. But is trickle down economics going to solve record suicide rates? Will worker co-ops resolve the opioid crisis? Of course they won’t.

>>53422312
If they had that much capital they wouldn't be workers, dumbshit.

The employees also aren't having to pay back the $200k the owner invested in starting the business. Profit is reward for risk taken. They're more than welcome to start their own pizzeria and reap those profits if they want to put their own capital on the line.

>>53422347
I don't understand, can you explain more. I'm sure the workers could get enough to start if they took out loans or saved enough.

>>53422385
Right, just take a small $1m loan from their parents.

>>53422420
you dont need $1m to start a restaurant, more like $50k especially something simple like a subway. 10 workers cant cobble together $50k?

>>53422420

Co-ops are a thing. A dozen employees at the pizzeria could get together and each put up $10k of capital and have $120k available to start up a business.

The problem with all these retarded socialist ideas, though, is that most people don't want to risk their own money just to work. It's way easier to just collect a paycheck and let someone else take the risk than have your own skin in the game. But there's also less upside and lower potential reward when you're avoiding that risk. Nothing wrong with that either, just don't get butthurt when the guy who did take the risk is earning more than you because of it.

>>53422440
and furthermore, the first successes of this business model (which would basically be assured, because the competitive advantage is so vast) would spark other businesses like this. it'd be like a wildfire.

>>53422440
There are millions of them, they're called family businesses.

>>53422452
Socialism can't exist within a capitalist system, retard.

>>53421014
They didn't pay for the building, the rent, the ingredients, the taxes, the loan, none of those things.

>>53422440
>10 workers cant cobble together $50k?
If they had that much money they wouldn't be working for minimum wage at a pizza parlor.

>>53422466
No, family businesses have "owners" which are "useless". We're talking about worker owned businesses without a useless owner.

>>53422491
they can retire with $5000? apparently they can make up to $78/hour, which is software engineer+ level, if they create a worker owned business. it'd make way more sense to create a worker owned business than spend money going to school or something else.

>>53422502
>No, family businesses have "owners" which are "useless".
Those 'owners' are workers.They are no different from workers anywhere.

>>53422531
You make a watertight case. Go do it.

>>53422534
Oh ok, does everyone make $78/hour at family businesses?

redistributing the profits to wagies doesnt mean it's socialism. with small and stagnant businesses it can work if the boss is ok to share most of the profits.

>>53422553
Do your own homework, kiddo.

>>53421062
NPC nigger take

>>53422551
I mean shit if the article was remotely true I would. I'm a white collar wagie that wages for $50/hour, I have $200k saved up, I would easily just open up a pizza shop with 9 of my buddies and make $78/hour instead. I'd rather work in a pizza shop too, I used to before college.

>>53422466

Socialism is worker ownership of a business. Employee-owned businesses and co-ops absolutely do exist in the US, it's just not an especially common or popular organizational structure for businesses. Especially large ones.

Again, most people don't necessarily want to "buy in" to the place they work and own a portion of the business. What if you went to a job interview and they wanted to hire you, but you'd need to put up $10k of your own money to buy into your portion of the business first? This is employee ownership (aka socialism) and it's fucking retarded. Most folks (myself included) just want to collect a paycheck every week and be on their way. I don't give a shit if the owner is making 50x more than me, as long as I feel like I'm being compensated fairly.

>>53422582
Socialism requires employees to buy in to a business before they work there?

>>53422312
there are employee owned firms, the problem is most employees are idiots so they end up dysfunctional. If wagies could handle strategic thinking they would be boss wagies

Family was part of employee owned plumbing firm, its doing good now but was a clusterfuck for long time

>>53422582
>Socialism is worker ownership of a business.
Nope, socialism is the abolition of capital ownership by non-working third parties.

>>53422611
This implies the owner has a useful role (keeping the business from being dysfunctional)

>>53422579
can't refute? You WILL be judged by the chinese peasants

>>53422582
>This is employee ownership (aka socialism)
no it's not socialism per se. socialism would mean the entire community (aka the state) would profit from it, not only the employees of that company

>>53422611
>If wagies could handle strategic thinking
All the "strategic thinking" in a business is done by wagies, you fucking moron.

>>53422617

>Socialism is a political philosophy and movement encompassing a range of economic and social systems,[1] which are characterised by social ownership of the means of production,[2] with an emphasis on democratic control,[3][4] such as workers' self-management, as opposed to private ownership.

Socialism is literally worker ownership. And if the capitalists aren't providing the capital necessary to run businesses, who do you think the burden is going to fall on? Of course it's the workers.

>>53422649
No, socialism means ONLY the creators and operators of capital can 'own' it.

>>53421014
socialism is surprisingly powerful in small groups. These are called unions.

in large groups, it's hell

>>53422611
Examples of the kinds of stuff that happens, the tool manager that was in charge of going to methhead employees houses that stole tools and demanding them back with a hammer in hand was voted to be HR manager. His sexual harassment course consisted of threatening to just poke the eyes out of any man seen looking at female customers on commercial jobsites.

Based but legal liability.

>>53422657
Imagine being this retarded. Reread what I wrote and the definition.

>>53422649

State run corps a la most 3rd world countries sounds even more crooked than the US capitalist system desu

>>53421113
>yes we’re worker owned, I divide up 1% of the profits each year and then distribute them amongst 580 employees

Show me one single developed nation with socialism ?
>Cuba- Stuck in 1950s
>Venezuela- One of the biggest oil reserves but still manages to be poor
>North Korea- Rocketman go boom
>Soviets with all the eastern bloc- Literally collapsed
>Maoist china literally 30million die with starvation
No human rights, mass killings, forced labour, and no scandinavian countries are free market economies not socialists.

>>53422646
Both socialism and capitalism are two sides of the Jewish coin, the end goal of capitalism is socialism, Jews promote socialism as the solution to out of control capitalism and retard NPC’s take the bait. Go back to plebbit

>>53422625
that is the theoretical idea behind fiduciary responsibility to the share holders, esg and other modern horseshit insulate the executives

>>53421824
You could have personal property you just couldn’t own multiple houses to rent them out and sorry you don’t have the freedom to be a tranny faggot tough shit

>>53422688
>scandinavian countries are free market economies not socialists

>>53422660
actually there are two forms:
https://en.wikipedia.org/wiki/Social_ownership
social ownership (society benefits) vs cooperative ownerhsip (workers benefit)

>>53422274
joggers are not rational actors

>>53422689
sure so whats the solution, billions must die and we return to living in tribal clans?

Fucking retards with low T nor ambition don’t understand the mental toil and worry of running a biz. You’re all faggots. Two months of slow time can literally put you in a hole and cause layoffs of good people you’d rather keep.

Commies are ruining this board

>>53422714
https://www.heritage.org/progressivism/commentary/the-myth-scandinavian-socialism

>>53422716
Neither would ever work. We are too primitive to share fairly. This only works for robots. You’re all faggots.

>>53422274
Niggers

>>53421014
Socialism always works when you steal from the people who put the money and risk upfront on the line to create a profitable business and remove it from the equation, as if businesses are instantly profitable day 1.

>>53422740
>running a biz
Business managers are wagies, you embarrassing moron.

>>53422742
>heritage.org

>>53422765
This is ironic as this entire thread is anti biz owner. Do you have any concept of how this shit works? Management is an extension of the biz owner. Decisions still come from the top.

>>53422440
>$50k to start a restaurant
Hahahaha tell me you have zero restaurant experience without telling me you have zero restaurant experience.

>>53422782
No, you idiot. Managers are hired and paid a salary. They are employees. Shareholders do not run the business.

>>53421014
>pay all profits to workers
"your healthcare is cancelled, by the way. you can go buy your own without a group discount"
"here is the bill for rent, electricity and water for this restaurant. you'll be the ones paying it from now on"
>restaurant closes permanently 2 days later
we did it r*ddit

>>53422818
>what are profits

>>53422699
you deserve those digits based anon

>>53422773
is volvo ran by the state? is volvo owned by its employees? all countries are a mix of capitalism and socialism anyway.

>>53422804
Ok for big Corp sure but most businesses are medium/small with the sole owner/s deep in shit every day but commies like you wanna pretend it takes no effort

>>53422843
Most so-called "small business owners" are just wagies by another name. If their work is indeed critical to the success of their business, then they are no different from independent contractors. Capitalists on the other hand do not work, they just receive capital income from passive ownership of the work of others.

>>53422950
It’s pretty comfy you should try it

>>53422950
>Capitalists on the other hand do not work
they risk their money and they are paid for that risk. how will you start your business without capital? will you try with your own capital or the capital of your family? they'll just give you money and if you fail they lose it for free?

LOL

>>53422798
He mentioned buying a subway, not starting from scratch. Owning a subway really is like a 30 grand investment, I’ve seen billboards for stake n shake for 10k. Of course you’re giving a big chunk of the profits to them for the name and they have control over the menu etc, but that’s why jeets own every subway in the midwest. It’s one of the cheapest ways to have a “business”

>>53422258
Nigger ideology for braindead teenagers (you must be 18 to post here)

It always baffles me how retarded leftist cattle tend to be. Leftists above 145 IQ are cool, but it’s the sheep monkeys that qweeb about socialism and communism that are brazenly obtuse, this thread is a perfect example of some bigger cattle right now.

>>53422832
>private property exists in north korea and china

>>53423441
What you think is 145 is ~120 because you overestimate your IQ.

>>53422689
lol jews promote socialism? If anything they want the exact opposite of equality, they want all the wealth while the rest suffer like in Elysium

>>53421062
>I agree with Maoism
Nigger.

>>53423480
I’m WAISIV certified 151 15sd and I also took a Stanford-Binet that was leaked online and scored a bit higher. You’re free to pretend you’re not a monkey but all of these arguments are completely inline with 120-130 nigger beasts. Seethe if you want.

>>53423545
americans could use a nice famine. They could survive for months or years on bodyfat alone

>>53421014
>alright guys, now it is time to buy more supplies. Can I get $974 back from each of you socially responsible for our products so we have something to sell?

>>53421309

>Even without including tips, entire fucking pizza CHAINS aren't making $6300 in bottom line net profit in a day.

Even our sales forecasts in Pizza Hut were something like $3000-6000 a day depending on what day of the week but thats revenue.

>>53423526
Socialism gives the state all the power, the state is always controlled by the Jews in every communist take over. Research history, even Maos China had Jewish leadership

>>53421210
looks like your sage did not achieve anything

>>53421101
based
opee cannot recover from this
socialists utterly and definitely BTFO

>>53423441
>>53423572
Can't get any stupider than bootlickers who think capitalism is a good thing.

>>53423439
>No arguments
(You must have 3 digits IQ to post here)