top | item 15369727

(no title)

starrychloe | 8 years ago

Profits pay your salary, commie.

discuss

order

lishzen|8 years ago

I think you're joking but it's the third time I heard someone say something like this today, so... profits don't pay your salary, your work pays for it.

nickrivadeneira|8 years ago

Work with no profits (or revenue) would likely mean no salary. On the other hand, profits with no work sounds like a great situation.

nopreserveroot|8 years ago

[deleted]

chimeracoder|8 years ago

Mozilla (the foundation) is a non-profit corporation, but Mozilla (the corporation that creates the free browser) is a for-profit corporation. They're separate entities.

Of course, non-profit corporations are still able to turn profits as well. They just can't distribute dividends to shareholders.

Forbo|8 years ago

[deleted]

krapp|8 years ago

Profits are paid to shareholders. Wages are the cost your employer pays to allow you to generate more profit for shareholders.

"Profits are unpaid wages" is a nonsensical statement.

imtringued|8 years ago

No. Think of profits as a measure of economic inefficiency. If there is enough competition the companies would lower their prices until their profits approach $0. Ideally income always matches expenses.