@ned one could argue that taxes likely play a significant role here, as in “record profits may relate to serving very low tax receipts”. With a lessened interest by many(?) corporations to ethically take part in society, paying taxes and thereby supporting their location(s) of choice, we will see profits (shareholder value) increase. #corporateresponsibility

@ned Sometimes they're profiteering prices, too.

@ned profit is theft! And so is property!

@ned they're not even sneaky about it, like microsoft is out here cutting bonuses for regular employees and laying people off while claiming "record profits", whose money was that satya??

@ned also unpaid taxes btw.

@ned For the owner as much as the worker....

@ned Doing layoffs while still making a profit, let alone a record profit, should be illegal.

@ned You've never run a business, have you? There are good times and bad. In the bad times you're losing money, the employees don't pay the business to keep their jobs, they still expect payment in full. That comes from the reserves built up during the good time. Simple enough for a five year old to understand yet l?

@ned Excess wages are reinvestment and new job creation that never happened.

@ned To be honest, I'm not quite sure what the point of profit is at all. If the employees are paid, vendors are paid, taxes are paid, and loans are paid, anything that's left over sounds like it should be used to grow the business. I guess you could argue that some could be saved to cover lean times, but I don't see that as a common practice, they all seem to just require government bailouts. I wonder what would happen if we just made profits illegal.

@ned or taxes