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minus-squarecobalt32@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·1 month agoCounterintuitively, this also causes the rate of profit to fall for corporations. Most of their profit comes from the surplus labor value of the employees, so with less employees to exploit, profits go down. Wikipedia: tendency for the rate of profit to fall
Counterintuitively, this also causes the rate of profit to fall for corporations. Most of their profit comes from the surplus labor value of the employees, so with less employees to exploit, profits go down.
Wikipedia: tendency for the rate of profit to fall