this post was submitted on 16 Oct 2023
624 points (98.6% liked)
Technology
58303 readers
6 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
For a stock to go up, the company has to make more profit.
To make more profit, they need to pay their workers less than the value of the goods or services produced.
Therefore, the stock price is a measure of how well a company can exploit its workers.