You could reason that profit is the reward for organizing people and resources together to create goods/services. To benefit the community. You could argue it's a win/win situation because the people who made the profit catalyzed/synergized value for everyone that was worth the money spent, worth the labor, etc. Also it's possible for "profit" to be in reasonable proportion to work put into the company, though it's often excessive.
Because it's usually excessive, and because many people make money for doing nothing, and because of the extreme imbalance of wealth in my country, and because companies don't have to be privately owned, I like the idea that profit is unpaid labor and the agenda it implies.
Not always, but usually the case with companies like Walmart that pay their employees a substandard wage. There's an economic school of thought which says the taxpayer is subsidizing that company's workforce because they don't pay adequately, therefore their labor depends on housing and food assistance from the government to sustain them.
I disagree. I'm sure there are cases where it applies. But business is far too dynamic for this to apply across the board. For example think about manufacturing where labour is replaced by machines. If people stop buying the product, profits go - which has nothing to do with unpaid labour (unless you are machines should be paid for their labour).
Let's dig a bit deeper. What is profit? It is money paid by customers. We are duped if someone makes a profit, are we? Profit compensates the seller or manufacturer for his risk? Profit is stolen money by underpaying labour? Plus overpricing customers, plus underpaying suppliers? Plus avoidance of tax paying? Plus taking advantage of everybody who isn't in a position to bribe back? No! It is the reward The Lord grants to the true believers! So sayeth The Lord! Problem solved. At least when you are a member of the Anglo-Saxon-Commerce-Ideology.
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