this post was submitted on 10 Dec 2023
211 points (97.7% liked)

Late Stage Capitalism

5572 readers
1 users here now

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 9 points 1 year ago (1 children)

Companies very much prefer one time costs (bunch of equipment) rather than recurring ones (wages). One time costs (1) look better on the balance sheet and (2) are easier to justify to shareholders as they don’t eat into future profits. Businesses basically never base their decisions on math ever.

[–] [email protected] 3 points 1 year ago

This is a good way to think about it, thanks