Comment by UncleMeat
1 year ago
People who work at Google are indeed very fortunate. We are paid large sums of money. I feel like I've found a pot of gold and give significant portions of my income away to the less fortunate directly because I feel that so much of my pay is based on luck.
However, Google employees only capture a fraction of Google's profits. Google made twenty five billion dollars in profit in Q1. Annualized that is 100b. Google has 180,000 employees. That is 555,555 in profit per employee. If Google was really existing in service of its employees rather than its investors, as it would be in a socialist system, then I'd expect my pay to rise dramatically.
>If Google was really existing in service of its employees rather than its investors
But then it wouldn't make that kind of profit.
Why wouldn't it?
No, you'd have to take all the profit of all the companies in the country and divide that by the number of citizens. That would be true socialism. Like a kibbutz in Israel. IMO it is as much utopia as 100% free market capitalism. Almost everywhere you have something in between, including in the US.
> If Google was really existing in service of its employees rather than its investors, as it would be in a socialist system
What socialist system is that where a company is run from the benefit of its employees?