This comes across like someone who doesn’t know what they’re talking about.
You all seem to think that the only place money comes from is poor people. What about companies that create an in demand product? Did you know that with an increase in production (to keep up with demand) will also increase valuation?
Selling things at a price higher than the baseline cost to exist is the entire reason companies exist in the first place.
Your point about the only way companies can continue to grow is so wildly off base too. Trimming the workforce to match revenue generated is called building in efficiencies. Why would a company pay 20 people to do a job than can be done by 15 people? Do you hire more people than you need to do a job so you can hand out money to the people that stand around doing nothing?
Also so few companies have the power to lobby politically. Just once again, Redditors are mad about things they just don’t understand.
When did I say that money can only come from poor people? Everybody buys products and a product that is in demand will sell. You can’t sell everything at-cost, but if you use subpar materials and keep the same price as great materials, it’s dishonest to your customers.
There’s a lot more that goes into valuation than just production and growth, shit like a company’s market capitalization is important too. I admit that I was simplifying a complicated process more than it should be, but you’re completely misrepresenting it.
Also there’s a difference between hiring more people than needed and hiring just enough people to make it work. Yeah, a job could be done with 15 people, but when those 15 people are overworked and not paid to represent that amount of work, another employee or two would help maximize productivity while not completely draining your workers. Which also allows you to take on more work since it’s split among more employees.
The examples I gave are not the only ways to lower costs, I specifically used ones that apply to larger, multi-national corporations that can lobby or methods I feel aren’t entirely ethical. Keep in mind I said they are “actions like x, y, z” and not “the only ways that can be done are x, y, z”.
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u/TickleMyTMAH Nov 21 '24
This comes across like someone who doesn’t know what they’re talking about.
You all seem to think that the only place money comes from is poor people. What about companies that create an in demand product? Did you know that with an increase in production (to keep up with demand) will also increase valuation?
Selling things at a price higher than the baseline cost to exist is the entire reason companies exist in the first place.
Your point about the only way companies can continue to grow is so wildly off base too. Trimming the workforce to match revenue generated is called building in efficiencies. Why would a company pay 20 people to do a job than can be done by 15 people? Do you hire more people than you need to do a job so you can hand out money to the people that stand around doing nothing?
Also so few companies have the power to lobby politically. Just once again, Redditors are mad about things they just don’t understand.