george
crows call me breadlady😪 : profit is just the money left over after expenses
😎 : profit is theft
😎 : profit is theft
"profit" is one of those meaningless words that will change based not only on who is using it, but even sentence-to-sentence as their needs of the word itself change
when workers say "profit is theft" they are talking about the theft of their surplus value, that theft which capitalism demands. when economists say "profit" it's generally an innocuous accounting term, unless they're a capitalist theologian, then it means human sacrifice
profit can be thought of as an accounting error: your costs and revenues were misaligned, so there's some leftover that you can invest, say, by giving it back to the workers, or holding it for a rainy day when the misalignment goes the other way. but capitalism requires that leftover so they can give it to shareholders and executives. every cent of that leftover that they utilize is theft by people who did none of the work that generated that profit.
there’s a common misconception that wages come out of profit but they are a cost, paid and accounted for before profit can even be tallied. when you work for yourself, the line gets blurry, but everything it takes you to survive is a cost. profit is only that which exceeds your living costs — which, for many of us, is nothing.