this post was submitted on 10 Dec 2023
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Late Stage Capitalism

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[–] [email protected] 9 points 10 months 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 10 months ago

This is a good way to think about it, thanks