Revenue and market cap are two different things. The 2 trillion you mentioned is market cap, not revenue, much less it is profit.
I agree it would be a prettier picture if companies paid their workers fairly. But the companies would grow differently. Maybe they would grow better, but differently and more distributed. Comparing absolute values between our world and this dreamland seems silly though.
And I hope that in a world where we are paid fairly we would produce less crap, pollute less. Workers wouldnt be desperately making bad/useless products in order to just survive. A smaller gdp could be a good thing.
If they had to pay them that much, they would have never hired most of them.
exactly. A company tant doesnt overexplore its workers cannot grow like alphabet did. The underpayment of the workers is an essential feature of alphabet, and part of what makes its market capitalization that high.
This implies that the answer to my question is “no”: if the workers had been paid properly from the start, there wouldnt be the discrepancy that makes the founder billionaires.
Would that market cap be so high if all those employees were paid that extra million yearly? Market caps depend on more than the actual value of the company’s product to society.
No, thats not what im saying.
Just that if everyone involved in the process of making something was paid fairly, there wouldnt be enough money to make the end node billionaire.
well, i simply dont agree that googles worth comes down to the work of those two people. what they did may have been necessary for the success of google, but so was the work of a lot of their employees.
again, the www is founded on the work of uncountably many people. the person credited is usually the one at the end of the chain of production. the end of the chain is necessary for there to be a product at all, but each of the other nodes of the chain is equally as important.
- Ever since internet and software became a thing, they can. It is absolutely possible for one person to create sw worth billions.
Name one thing that one person created that became worth billions. Something that is rightly credited to a single person.
the base structure of the movie is just one of its many components. the originality may be on the meat, rather than the skeleton.
people become billionaires through wage theft. that money should not be his to give in the first place. Plus, the starving are unemployed because the unemployment rate is artificially controlled economically in order to pressure the working class into accepting bad work conditions.
i wouldnt call a restaurant unoriginal just because they serve food on a plate besides a fork and a knife.
That’s the [any country] National Motto!
…i suppose
escalations are escalations, justifiable or not.
you’re tripping. third world countries arent some lawless wastelands full of hopeless zombies like you seem to imagine.
yes, the internet wasnt built on charity
its not just a white space. Sometimes it entails a white space, when theres still space on that line. Sometimes it does not.
im not so sure the devs have fault in any of this though