- Sep 2024
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4thgenerationcivilization.substack.com 4thgenerationcivilization.substack.com
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manual labor came to be understood not only as necessary for the maintenance of the body but also for the salvation of the soul.
PROFIT When did profit come into the equation?
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- May 2024
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meta.stackexchange.com meta.stackexchange.com
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One way to look at it is that corporations are never your friend. They love talking about building communities and ecosystems, but eventually they need to monetize user-generated content and change licensing to make your content their property. When their policies and promises change overnight 180° all you get "we are sorry you feel that way", "our hopes and prayers" and "that was a deliberate business decision we had to make with a heavy heart". And then they laugh all the way to the bank.
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- Mar 2024
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store.steampowered.com store.steampowered.com
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Its a powerful software, Adobe is a Horrid company though, and they make everything subscription base, Buy out and monopolize software sweets whenever they can, Generally they are the absolute worst. I recommend learning how to use blender painting or the open source software ARMORPAINT as soon as its available so you don't have to support this scumwater company.In the mean time its the only thing that is widely supported, The united states just needs better consumer protection laws. it all comes down to america's horrid consumer protection laws that make companies like this possible.
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- Nov 2023
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This new IEA report explores what oil and gas companies can do to accelerate net zero transitions and what this might mean for an industry which currently provides more than half of global energy supply and employs nearly 12 million workers worldwide.
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for: stats - oil and gas industry - profit split, stats - oil and gas industry - reserves split
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stats: oil and gas industry profit split
- 50 % to governments
- 40 % to investments
- 10% to shareholders and debt
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stats: oil and gas reserve splits
- majors: 13 % production, 13 % reserves
- National Oil Companies: 50% production, 60 % reserves
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- May 2023
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www.desiringgod.org www.desiringgod.org
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“My God will supply every need of yours according to his riches in glory in Christ Jesus.”
The many poor and homeless would beg to differ, here.
How many people die because they can't afford their life-saving medicines (while the pharmaceutical companies make record profits)?
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fighting the fear of not having enough money
In a capitalist society, where the profit motive is the prime directive, the fear of not having enough money is one of (if not, the) greatest fears we have in our old age.
My hope of a better tomorrow includes a society that has outgrown the profit motive and sincerely cares for everyone, even the old and unemployed.
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- Mar 2023
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www.frontiersin.org www.frontiersin.org
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This example illustrates the potential for an unintended consequence to move between categories and demonstrates that there are times when it is necessary to review and reflect. What is considered known and knowable changes over time: has the state of knowledge developed or an unintended consequence been identified?
// - This is the critical question - Looking at history, can we see predictive patterns - when it makes sense to stop and take questions of the unknown seriously - rather than steaming ahead into uncharted territory? - We might find that society did not follow science's call - for applying the precautionary principle - because profits were just too great - the profit bias at play - profit overrides safety, health and wellbeing
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www.nytimes.com www.nytimes.com
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OpenAI had a novel structure, which the organization called a ‘‘capped profit’’ model.
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- Dec 2022
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docdrop.org docdrop.org
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the Arcadians exist now for a reason. But I think a case can be made that this had to happen. We were never, ever, ever going to do this the easy way where we learned for example, we could have seen this back in the early 1900s. We didn't, right? We could have changed at the end of World War II. 00:31:27 We could have changed in 1970. We didn't. Why? We always took the easy way out. It's like a dopamine hit.
!- insight : progress traps - the dominance of self-interested economic behavior creates a systemic tendency to ignore progress traps, unintended consequences of technology. Profit bias acts to cherry pick explanations that marginalizes rather than addresses progress traps, allowing them to fester and grow to dangerous levels
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- Dec 2021
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time.com time.com
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Congress Is Looking Into Groups Profiting From Fake COVID-19 Drugs After TIME Investigation. (2021). Time. Retrieved November 22, 2021, from https://time.com/6120536/congress-ivermectin-misinformation-hearing/
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- Oct 2021
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Else, H. (2021). Giant, free index to world’s research papers released online. Nature. https://doi.org/10.1038/d41586-021-02895-8
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www.theatlantic.com www.theatlantic.com
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Facebook has dismissed the concerns of its employees in manifold ways. One of its cleverer tactics is to argue that staffers who have raised the alarm about the damage done by their employer are simply enjoying Facebook’s “very open culture,” in which people are encouraged to share their opinions, a spokesperson told me.
- Share opinions
- Opinions viewed as "fact"
- "Facts" spread as news.
- Platform accelerates "news".
- Bad things happen
- Profit
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- Jul 2021
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www.migrationencounters.org www.migrationencounters.org
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Rodolfo: I'm a victim of sexual abuse in the United States and there was a police report made and everything. And I've also been a victim of gang violence. I was never, you can check my background and everything. I was never into gangs or anything, but around the area I lived in there was a bunch of gangs and... I was beat up two or three times bad just by walking home. And it was all documented, I had police reports and everything. And because of that I was in therapy for while. My mother sought out a help from a psychiatrist because of the sexual abuse I had as a child in California, as a matter of fact.Rodolfo: I took Risperdal and a Ritalin, Risperdal for the anxiety and the Ritalin and for the ADHD. So, we tried everything. The mental health side, the mental health asylum, everything. But it was just going to take longer and longer and longer and I was tired of it. I didn't want to be locked up anymore. So, finally I just told my mom, “You know what man, that's it, I'm done. I don't want to do this anymore.” She asked me, “Is this what you want to do?” And I told her, “Yeah.”Rodolfo: She told me, “You know what? I'd much rather see you over there and be free then not being able to see you here at all.” Because there was a lot of people that went to go visit their loved ones and they used to get picked up. Sometimes they wouldn't even let you see your loved ones and right away ask you for your identification, your social security card, your nationality and everything and they would get picked up.Rodolfo: And I always told my mom, “Don't ever come visit me. Don't ever come visit me because if you do, chances are they're going to take you too.” And you know, that would always break my heart because I would want to see my mom. I'd want to see my dad and everything, but I wasn't able to. So, that experience was just horrible.Sergio: When you were in the detention center what were the conditions? Did you have access the medicine you needed? Did you have access to food and water?Rodolfo: The company that made the jail was called GEO Corp and they were actually, I'm not going to lie to you, they actually were pretty good, health-wise, not so much security-wise. A lot of things would happen in there that definitely shouldn't have ever happened. But with the food and everything, it was good. In my opinion it was because of the company. I feel as though if it was up to the government... Thank God it was an independent company that was hired by DHS as opposed to if DHS were to make their own jail, I feel they would be completely different.Rodolfo: It was [Pause] a pleasantly... there's no way to describe it, it was bad. It was bad, but for what it was I guess it was okay. I don't see there being an in-between or any pretty way to paint that picture as to how good or bad it was in there. Because at the end of the day you're deprived of your freedom. You can't just pick up the phone whenever you want and call your loved ones because you've got to pay for that too. You got pay for that. And if you want to take a shower, you have to buy your soap, right? You've got to buy it yourself, you've got to buy everything. And now you're becoming a liability for your family, you're becoming another bill.Rodolfo: You're becoming another bill and that's what I didn't want. So, that's why I started working. And now, older, I'm becoming another bill. So, I don't get it. You're taking us away from the jobs that we have and everything. You know? So, take us back to our country. And I'm not sure if it this is a fact or not, but I was reading when I first got in here, there was a time where there wasn't enough field workers for, I think, avocado—or, not avocado, I think it was oranges or something like that.Rodolfo: And I remember me saying, “Well, there goes all the deportees. There goes all the people you guys deported. Where are the people that were so outraged because we took your jobs? Go ahead, there you go. There are a lot of vacancies, making these open for those jobs, go ahead, man. All yours buddy, knock yourself out.”Rodolfo: But nobody wants to work those jobs, right? You see what I'm saying though, right?
Leaving the US, Reason for Return, Deportation, Voluntary departure, Family decision, No hope for a future in the US, Detention, Treatment by; Time in the US, Violence, Sexual Abuse, Gangs, Bullying, Fear of, Jobs/employment/work
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- May 2021
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founders.archives.gov founders.archives.gov
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I allow nothing for losses by death, but on the contrary shall presently take credit 4. pr. cent pr. annum for their increase over & above keepg. up their own numbers.
Perhaps one of the most telling annotations in history: Where Jefferson annotates his own 1792 letter to Washington to herald the profit in breeding enslaved people.
You can also see an image of the actual letter on page 4/5: Thomas Jefferson to George Washington, Notes. -06-18, 1792. Manuscript/Mixed Material. https://www.loc.gov/item/mtjbib006309/.
Hat tip to Stuart Pace and Henry Wiencek's Smithsonian article, "The Dark Side of Thomas Jefferson".
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- Apr 2021
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dare.uva.nl dare.uva.nl
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role of for-profit companies
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- Mar 2021
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www.washingtonpost.com www.washingtonpost.com
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Farzan, A. N. (n.d.). Philadelphia let ‘college kids’ distribute vaccines. The result was a ‘disaster,’ volunteers say. Washington Post. Retrieved 26 February 2021, from https://www.washingtonpost.com/nation/2021/01/27/philly-fighting-covid-vaccine/
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docs.openfaas.com docs.openfaas.com
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OpenFaaS is hosted by OpenFaaS Ltd (registration: 11076587), a company which also offers commercial services, homepage sponsorships, and support.
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twitter.com twitter.com
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ReconfigBehSci on Twitter. (n.d.). Twitter. Retrieved 3 March 2021, from https://twitter.com/SciBeh/status/1331901596863787008
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- Oct 2020
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formnerd.co formnerd.co
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react-final-form: README.md:1: You build great forms, but do you know HOW users use your forms? Find out with Form Nerd! Professional analytics from the creator of React Final Form.
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www.nytimes.com www.nytimes.com
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In the best of times, the margins at a bookstore are paper thin — traditionally, a successful shop hopes to make 2 percent in profits — but operating during a pandemic is even more expensive.
Yes---they said paper thin...
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- Aug 2020
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twitter.com twitter.com
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Peter English #FBPE on Twitter. (n.d.). Twitter. Retrieved August 24, 2020, from https://twitter.com/petermbenglish/status/1296730819420196864
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www.nytimes.com www.nytimes.com
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August 6, S. G. •, & 2020. (2020, August 6). Sweatpants Forever: How the Fashion Industry Collapsed. The New York Times. https://www.nytimes.com/interactive/2020/08/06/magazine/fashion-sweatpants.html
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www.nber.org www.nber.org
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Ding, W., Levine, R., Lin, C., & Xie, W. (2020). Corporate Immunity to the COVID-19 Pandemic (Working Paper No. 27055; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27055
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- Jul 2020
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Why Most Advertisers Can’t Afford to Boycott Facebook. (2020, July 8). Pro Market. https://promarket.org/2020/07/08/why-most-advertisers-cant-afford-to-boycott-facebook/
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Deutsche Post reports strong results, to pay staff bonus. (2020, July 8). CNBC. https://www.cnbc.com/2020/07/08/deutsche-post-reports-strong-results-to-pay-staff-bonus.html
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- Jun 2020
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www.pharmaceutical-technology.com www.pharmaceutical-technology.com
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Nawrat, A. (2020, June 03). Covid-19 pandemic: Tackling infectious disease’s investment challenges. https://www.pharmaceutical-technology.com/features/covid-19-investment-infectious-disease/
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- Mar 2020
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github.com github.com
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Unless you specifically need the open source tool, most website owners will be better served by the hosted version
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- Feb 2020
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k6.io k6.io
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To never block or remove features from k6 in order to make them exclusive to Load Impact’s SaaS productStrive not to delay introduction of new features in the k6 OSS tool, if the feature was planned to appear both there and in Load Impact’s SaaS productTo never introduce into the k6 OSS tool any artificial limits designed to promote conversion to Load Impact’s SaaS productTo work with the community, participating in and prioritize building the functionality the k6 community wants, making it the prefered tool for load testing
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With k6, our goal has always been to create the best load testing tool for the modern working developer and that we do this in collaboration with the k6 community. Our revenue will not come from k6 directly, but from premium value creating offers based on k6. These offers will be made available at https://loadimpact.com. Load Impact premium offers will have focus on providing further simplicity, productivity and ease to use functionality.
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We believe the key to Load Impact’s long-term success as a Company is to foster an active community of users around k6 as an open source project. To achieve this long-term goal, it is vital that we do not withhold new features from k6 based on whether or not they compete with our SaaS offering.
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Load Impact is a for profit organization, and recognizes that there is a need to balance this requirement with the needs of the k6 open source project. In the longer run, we strongly believe that those two needs will rarely be in conflict.
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- Oct 2019
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www.chronicle.com www.chronicle.com
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So long as there are still predatory, for-profit, financial-aid thieves masquerading as colleges and universities, online courses will still be held in suspicion in many quarters of academe.
We can't merely ensure that we're looking at the services provided by the leaders of the field and do our best to match those efforts, we also need to make sure what we're providing doesn't look like that provided in the for-profit sector. There should be an obvious distinction. This was a big takeaway for me.
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- Nov 2018
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en.wikipedia.org en.wikipedia.org
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Net sales = gross sales – (customer discounts, returns, and allowances) Gross profit = net sales – cost of goods sold Operating profit = gross profit – total operating expenses Net profit = operating profit – taxes – interest Net profit = net sales – cost of goods sold – operating expense – taxes – interest
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Another equation to calculate net income: Net sales = gross sales – (customer discounts + returns + allowances) Gross profit = net sales – cost of goods sold Gross profit percentage = [(net sales – cost of goods sold)/net sales] × 100%. Operating profit = gross profit – total operating expenses Net income = operating profit – taxes – interest
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Another equation to calculate net income: Net sales (revenue) - Cost of goods sold = Gross profit - SG&A expenses (combined costs of operating the company) - Research and development (R&D) = Earnings before interest, taxes, depreciation and amortization (EBITDA) - Depreciation and amortization = Earnings before interest and taxes (EBIT) - Interest expense (cost of borrowing money) = Earnings before taxes (EBT) - Tax expense = Net income (EAT)
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Here is how you reach net profit on a P&L (Profit & Loss) account: Sales revenue = price (of product) × quantity sold Gross profit = sales revenue − cost of sales and other direct costs Operating profit = gross profit − overheads and other indirect costs EBIT (earnings before interest and taxes) = operating profit + non-operating income Pretax profit (EBT, earnings before taxes) = operating profit − one off items and redundancy payments, staff restructuring − interest payable Net profit = Pre-tax profit − tax Retained earnings = Profit after tax − dividends
$$Sales Revenue = (Price Of Product) - (Quantity Sold)$$
$$Gross Profit = (Sales Revenue) - (Cost)$$
$$Operating Profit = (Gross Profit) - (Overhead)$$
Earnings Before Interest and Taxes (EBIT) $$EBIT = (Operating Profit) + (Non-Operating Income)$$ Earnings Before Taxes (EBT) $$EBT = (Operating Profit) - (One Off Items, Redundancy Payments, Staff Restructuring) - (Interest Payable$$
$$Net Profit = (EBT) - (Tax)$$
$$ Retained Earnings = (Net Profit) - (Dividends)$$
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Net profit is a measure of the fundamental profitability of the venture. "It is the revenues of the activity less the costs of the activity. The main complication is . . . when needs to be allocated" across ventures. "Almost by definition, overheads are costs that cannot be directly tied to any specific" project, product, or division
Revenue - Cost
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Net profit: To calculate net profit for a venture (such as a company, division, or project), subtract all costs, including a fair share of total corporate overheads, from the gross revenues or turnover. Net profit = sales revenue − total costs
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- Sep 2018
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www.theengineroom.org www.theengineroom.org
- Aug 2018
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clalliance.org clalliance.org
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legally obliged to return a profit
legally obligated? they're definitely supposed to try or shareholders may move their money elsewhere, but why can't they create things for the common good as well?
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- Jul 2016
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www.theguardian.com www.theguardian.com
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For-profits typically take those funds and spend way more on advertising and profit distribution than on teaching.
Don’t know what the stats are for “non-profit universities and colleges” but it does feel like an increasing portion of their budgets go to marketing, advertising, PR, and strategic positioning (at least in the United States and Canada).
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- Apr 2016
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scholarlykitchen.sspnet.org scholarlykitchen.sspnet.org
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business
Right: But where this argument fails is in interrogating whether, and why, this must necessarily be the case. Many socially necessary functions are provided outside market structures. Is there an iron law of nature dictating that scholarly communication must happen in a marketplace?
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fortune.com fortune.com
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By valuing capital gains above all others, we end up extracting the value of our marketplaces and rendering them incapable of generating economic activity. As a Deloitte study showed, corporate profits over net worth have been decreasing for 75 years. Corporations are great at accumulating capital, but terrible at deploying it. They vacuum the money off the playing field altogether, impoverishing the markets and consumers–not to mention the employees–on whom they ultimately depend.
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