this post was submitted on 01 Mar 2024
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I think the point is "profit" is wage theft by definition to some. The workers generate profit, meaning they make someone else money they earned from their labor, and regardless of the structures or systems they're a part of that make that profit possible they should be given that profit.
I think I agree that profit by default is wage theft but I can appreciate that if a system of capital and practices enable the profit past the individual workers wage that there should be some reward to that system. The problem is how that reward is distributed, which right now is poorly done in most places.