I mean, I’m guessing this is just the gross profits for one day with no factoring in overhead costs, as in insurance, rent, power/water bills, taxes.
Truth is once you factor in all that the pay bump you’d get from collecting profits directly instead of paying your boss isn’t that much. This is a fact that bosses like to exploit, but it ignores a couple of factors. One, that bump is split between a number of people, so the boss is still taking a pretty penny. Two, all that shit I listed above is shitty rent seeking that shouldn’t exist under socialism. Three, at the end of the day socialism isn’t about getting paid more, it’s about worker control of the economy, the workers taking over one business doesn’t mean much if they still pay for rent and groceries to capitalist. If the workers control most/all of the economy the fact you don’t personally take that much in doesn’t matter because you’ll have better
Yep, even a worker owned co-op still has to pay rent to a commercial landlord or at least property taxes for "services"/protection money (cops, and really insurance is this too as you said)
I mean, I’m guessing this is just the gross profits for one day with no factoring in overhead costs, as in insurance, rent, power/water bills, taxes.
If that's the case then it's not the restaurant's profit that was shared, but its revenue.
But yeah, I guess it's not that unlikely that the person who wrote the post used the wrong term. That much surplus value would be insane, especially for a restaurant.
At this particular restaurant, absolutely. I have always been under the impression that margins on small business restaurants are tiny tho so :shrug-outta-hecks:
I worked at a thirty person capacity vegan place and the owner took an international trip twice a year. Those were good times cause it meant she wasn't at the restaurant but then she'd act like she was one of us when it was convenient.
The tough part is you still need startup capital, plus you need organized workers prior to there even being a workplace.
Say it costs $100K to open a pizza place (this is probably low-balling it for many places). How easy is it to organize 20 pizza workers who can each chip in $5K?
$70 an hour, $560 per day
But with these numbers wouldn’t making restaurant coop be somewhat easy?
I mean, I’m guessing this is just the gross profits for one day with no factoring in overhead costs, as in insurance, rent, power/water bills, taxes.
Truth is once you factor in all that the pay bump you’d get from collecting profits directly instead of paying your boss isn’t that much. This is a fact that bosses like to exploit, but it ignores a couple of factors. One, that bump is split between a number of people, so the boss is still taking a pretty penny. Two, all that shit I listed above is shitty rent seeking that shouldn’t exist under socialism. Three, at the end of the day socialism isn’t about getting paid more, it’s about worker control of the economy, the workers taking over one business doesn’t mean much if they still pay for rent and groceries to capitalist. If the workers control most/all of the economy the fact you don’t personally take that much in doesn’t matter because you’ll have better
imagine we do the revolution but accidentally let all the landlords keep leeching.
Yep, even a worker owned co-op still has to pay rent to a commercial landlord or at least property taxes for "services"/protection money (cops, and really insurance is this too as you said)
If that's the case then it's not the restaurant's profit that was shared, but its revenue.
But yeah, I guess it's not that unlikely that the person who wrote the post used the wrong term. That much surplus value would be insane, especially for a restaurant.
At this particular restaurant, absolutely. I have always been under the impression that margins on small business restaurants are tiny tho so :shrug-outta-hecks:
Small business restaurant owners still do just fucking fine for themselves.
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I worked at a thirty person capacity vegan place and the owner took an international trip twice a year. Those were good times cause it meant she wasn't at the restaurant but then she'd act like she was one of us when it was convenient.
The tough part is you still need startup capital, plus you need organized workers prior to there even being a workplace.
Say it costs $100K to open a pizza place (this is probably low-balling it for many places). How easy is it to organize 20 pizza workers who can each chip in $5K?