Tech’s broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap::Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.
No but companies raising prices to make more money is absolutely related to making profit, and a worker-owned company still has a profit motive.
If a company sets its mark at not making profit, it does not mean it runs at a loss.
Was I unclear?
Profit is what is left after all expenses are paid, including salaries, and a company can run with a non profit objective and still create jobs with fair salaries.
Profit is the end goal for the so called investors that have no real involvement in the day to day operations of companies and demand quarterly reports with ever increasing revenue.
If a company makes enough money to pay salaries, replenish stocks and/or provide ita services and pay its daily and monthly expenses it is not running on a loss. Profit is not a requirement for a business.
I am aware that non-profits exist as a concept, but that’s irrelevant to what we are discussing which is how profitability and viability are not necessarily linked