But the parasitical reality of investment and "entrepreneurship" has been obscured through many decades of capitalist and conservative propaganda which smothers the nasty realities with a blizzard of ever-shifting abstractions and myths about the process, such as the myth that leeching and hoarding money in this way is actually "growing" and "building" (after all, it makes certain numbers go sky-high) and not in fact the outright theft of money which ought to be going only two places: into rewarding those who do the actual labor, and into maintaining and upgrading the physical facilities of the business.

Everything else, especially the #profits skimmed from the business, is wastage—it's literal inefficiency. In order for profits to be available for skimming and hoarding, the actual physical business and its laborers must be starved, and the products and services must suffer in order for them to be profitable.

(cont'd)

So they're making a ton of money, keeping more profit than ever - and not raising your salary or benefits in spite of the inflationary spiral and loss of benefits and services across the board.

It's all going into some fat cats' pockets.

Link: https://sherwood.news/markets/corporate-america-has-never-been-this-profitable/

#StockMarket #Economy #Earnings #Profits #Corporations #WallStreet

No one should be making #profits from #vulnerable #children.

Yet £1 out of every £5 paid to #private providers of children’s #SocialCare is taken out in profit

Time to end this #scam

Add you name:

https://weownit.org.uk/act-now/no-profit-childrens-care

#greed #Privatisation #Fail #PeopleNotProfits #petition #OpenLetter

End profit in children’s social care

£1 out of every £5 paid to private providers of children’s social care is taken out in profit.

We Own It

The #Trump admin is dismantling an #ocean monitoring system in the #Pacific & #Atlantic Oceans. It tracks the #AMOC current that is critical to global #weather and is in danger of collapse due to #ClimateChange.

https://e360.yale.edu/digest/trump-ooi-amoc

AMOC collapse will have a catastrophic impact on countless #lives and precious #ecosystem. This #sabotage is intended to blind the world to the unfolding #tragedy. This is how far the #oligarchs are willing to go in pursuit of endless #profits.

[1/7]

When I was at the hospital last night, I thought it would be nice to have someone to chat with. Most of the people in the ER were alone.

"Would it be a hospital employee?"

Yes.

"Who would pay for this?"

The hospital.

"That's never going to happen."

The reason it is not currently happening is that companies which are supposed to improve the well-being of the people they serve are putting profits above well-being. Yes, they do improve well-being, but this is incidental to the profit imperative.

If you believe that the way these corporations behave is fine, then you are part of the problem.

I can only talk about US healthcare. I've moved to the US so long ago that I don't think I can talk about the current situation in Canada. I'll just say that the fears about "socialized healthcare" are utterly unfounded.

#USHealthcare #healthcare #corporations #profits #WellBeing

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#DSA #DemocraticSocialist #USA #AOC #Bernie #progressive #legislation #workers #first #people #over #profits
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WSJ Free article The Record Divide Between #Corporate #Profits and #Worker Pay. Labor’s share of economic output just hit an all-time low, while the profit share hit a near record. It helps explain why #consumers feel so glum. #costofliving https://www.wsj.com/finance/stocks/the-record-divide-between-corporate-profits-and-worker-pay-ea4c75bc?st=5ZAD4H&reflink=desktopwebshare_permalink

#Money: "The bond vigilantes cheer #austerity because their #profits are highest when the #economy slumps. In this #scenario, interest rates are expected to fall and gilt prices increase, pumping returns for investors."

https://www.theguardian.com/commentisfree/2026/may/21/politicians-bond-vigilantes-markets-gilts-bank-of-england?CMP=share_btn_url

Britain’s politicians need to worry less about the bond markets – and more about the Bank of England

A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor

The Guardian

Unsure about #PMF, but they’ve surely found a way to squeeze profits from #AI:

“I Think Anthropic And OpenAI Have Found Product-Market Fit”, Simon Willison (https://simonwillison.net/2026/May/27/product-market-fit/).

On HN: https://news.ycombinator.com/item?id=48296794

#LLMs #Business #Profits #ProductMarketFit #Enterprise #API

I think Anthropic and OpenAI have found product-market fit

Anthropic are strongly rumored to be about to have their first profitable quarter. Stories are circulating of companies surprised at how expensive their LLM bills are becoming from usage by …

Simon Willison’s Weblog