BarterClub to

Antiwork@lemmy.worldEnglish · 1 year ago

Record profits drive inflation

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Record profits drive inflation

i.imgur.com

BarterClub to

Antiwork@lemmy.worldEnglish · 1 year ago

109

cross-posted to:
[email protected]

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Erismi14@midwest.social
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1 year ago
Stock price is not inherently tied to profit. That is why p/e ratio exists. Also different industries can have different p/e ratios. Not even this holds though. Tesla’s p/e is OOM more than Toyota, but Toyota has higher profits and sells more cars.

Antiwork@lemmy.world

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Date Created: June 21, 2023

This community supports labor, with an aspiration for it to cease to be required to live our lives. Members of this community want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and/or want personal help with their own jobs/work-related struggles.

Anti-Work Library 📚

Essential Reads

Start here! Some of the more talked-about essays on the topic.

The Abolition of Work by Bob Black (1985) | listen
On the Phenomenon of Bullshit Jobs by David Graeber (2013) | listen
In Praise of Idleness by Bertrand Russell (1932) | listen

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