this post was submitted on 13 Aug 2024
1229 points (99.1% liked)

Technology

59612 readers
3262 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
1229
Justice Department considering push for historic break up of Google after landmark antitrust ruling: report (nypost.com)
submitted 3 months ago by Gsus4@mander.xyz to c/technology@lemmy.world
235 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] rezifon@lemmy.world 1 points 3 months ago* (last edited 3 months ago) (1 children)

Profit can only be made by exploiting labour. There can’t be any other way

This is a bad take and suffers from overly-simplistic thinking. Corporations are force multipliers for labor and the economic value of your labor is increased by joining forces with others.

[–] Melvin_Ferd@lemmy.world 2 points 3 months ago (1 children)

Why is it a bad take. How can there be any other way. Where exactly is profit created from?

[–] rezifon@lemmy.world 0 points 3 months ago

Profit is created from the output of productive labor. The amount of profit varies depending on the efficiency of the market and the company.

Companies are force multipliers for labor. The company's profit comes from that force mulitplication, not by withholding profit from the worker who generated it.