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WalterBrighttoday at 7:16 AM4 repliesview on HN

> Why should society care about people making profits?

The people making profits are the ones providing food, shelter, and phones to you.


Replies

hackyhackytoday at 1:45 PM

> The people making profits are the ones providing food, shelter, and phones to you.

I'm not worried about the guy making my sandwich at the corner deli. He's entitled to my money because he provides a valuable service.

I am worried about the owner of FoodCo, who plays golf all day while his employees run the company. He provides literally no service to anyone at all, but makes more money than any employee. He then uses his profits to buy homes in the area, so his employees can pay back half of their paycheck to him in the form of rent.

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csomartoday at 8:19 AM

No, the real people providing the food, shelter and electronics are the generally the lowest paid in society.

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coldteatoday at 8:14 AM

Nope. They're the ones making those more expensive, via collusion, rent-seeking, monopoly capture, and lots of other ways.

kakaciktoday at 8:27 AM

Well I am still waiting for my google home and my meta steaks.

Reality is, those companies don't give anything back, just siphone all profits into tax havens so owners can take as much cash out of it as possible, in one form or another.

Their goal is to provide nothing back as much as they could. Look at their actions, not some empty PR statements.

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