Antiwork@lemmy.worldEnglish · 10 months ago

Record profits drive inflation

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Record profits drive inflation

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Antiwork@lemmy.worldEnglish · 10 months ago

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cross-posted to:
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Erismi14
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10 months 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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A community for those who 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 want personal help with their own jobs/work-related struggles.

The new place for c/antiwork@lemmy.fmhy.ml

This server is no longer working, and we had to move.

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Date Created: June 21, 2023

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The Anti-Work Library 📚

Essential Reads

Start here! These are probably the most 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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