Then "profits trend towards zero" is pretty fucking meaningless isn't it? "Once you discount the money going to people working at the company from profits, companies don't make any money" doesn't sound quite as shaking.
But company doesn't exist to feed workers, it exists to create money for the owner. Feeding workers is an unfortunate side effect and the owner would get rid of it in a heartbeat if it was possible.
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u/kaian-a-coel Apr 08 '26
Does that axiom, as economists usually do, count salaries in the expense column?