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Business & incomeExperience excerpt · English

Traditionally, are profits sequestered to be used as savings like that? …

… Traditionally, are profits sequestered to be used as savings like that? In my experience the equipment breaks and both companies go bankrupt because the executives in the c corp spent the profit on themselves already and are happy to just go find a new investment. Actually in my experience the other company, the co-op, doesn't go bankrupt, because the workers are smart enough to safeguard their well being with rainy day funds. This might be one of the reasons coops are repeatedly shown to be far more resilient than traditional companies.

Original discussionWhy is remote work seen as a gift?542 source comments · at import
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DO

Why shouldn’t the price of goods be the cost of producing them?

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DO

Have you actually read Marx? If you haven't, I recommend you start with https://www.marxists.org/archive/marx/works/1865/value-price... . It'll clarify much of your confusion on basic economics.

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MR

There is no global "value", there is no global "worth". There is bid price, ask price, and last sale price. Do they indicate "value" to the specific people making those transactions, bids and asks? Sure. Does it have to be the same for everybody? No, and that's why trade happens.

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