this post was submitted on 22 Dec 2023
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Technology
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What do you call a company that puts profits above all? A company.
Last time I asked for advice about registering a nonprofit, I was told "but you don't yet have enough profits to use a nonprofit for tax evasion" 😒
I’m not sure I understand your point here. Everyone from a sole proprietor to a mega corporation is in it for profit. Just because the upper one percent is dodgy as hell and plays fast and loose with the tax code doesn’t mean every single company in existence is terrible or out to do sketchy business. I’m pretty happy with mine. I wouldn’t be there if I wasn’t working with honest people.
My point is that it's nothing to be surprised about when a company makes a decision to increase its profit.
As for the rest, getting a profit from your work, is called "a job". Companies are created to get a profit in excess of whatever job the owners are doing, otherwise it's called a "non-profit"... for the owners in excess of their job at the company, which they still get paid for.
I don't know the company you're working for, but if it has any profits that don't revert to the people doing the job, or the amortization of the initial investment, then the owners are "skimming off the top" from everyone.
The people I asked for advice, from the corporate world, were so entrenched in that same "profit first" mentality, that they couldn't even grasp the idea of only getting paid for your actual work, and only saw non-profits as a tool for tax evasion.
Thank you for clarifying your position. I'm not in full agreement but I respect the points you brought up here. Cheers 🍻