Comment on Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs
queermunist@lemmy.ml 4 weeks agoProfits by definition only go to the owners and investors. Once they’re seized by the government they’re no longer profits, they’re company expenses.
Potatisen@lemmy.world 4 weeks ago
Those are the only two options?
queermunist@lemmy.ml 4 weeks ago
For corporations, yes. Profits are always the money left after expenses that are taken as surplus. I suppose there’s also cooperatives, which redistribute the profits to the member-owners.
But profits are for the owners. That’s how private property works?