A Boring Dystopia

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Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business (edition.cnn.com)

submitted 11 months ago by iraq_lobster to c/aboringdystopia@lemmy.world

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[–] taladar@sh.itjust.works 6 points 11 months ago (1 children)

The only things that warrant investors profiting off their investment at all are the risk of not getting the money back and the opportunity cost of not having the money for other things while it is tied up in the investment so I would say a reasonable profit would be somewhere in the order of magnitude of those and not in the current "infinitely for all time" order of magnitude.

[–] throwwyacc@lemmy.world 0 points 11 months ago

How are you possibly measuring opportunity cost? This is the opportunity. All you can do is use it to buy goods and services or invest via lending in some form

Say you could quantify that and cap profits. What should happen with corporate profits then? After you've "paid" the original investors? Does the owner of the company now reabsorb their shares? And if we instead allocate profits to the workers, do we also allocate losses? Do workers just straight up not get paid if the company loses money one year?