Let’s stick with the railways for a moment, to illustrate my point.
Southern rail profits were around £29m. (Look here)
What if, instead of having £29m profit, they only had £14m, that would still be a decent dividend for shareholders, but with the other £15m, they could
Pay all their workers, just a little bit more,
Maybe buy a secondhand train,
Hire a few more people,on a living wage
Run a few more trains.
But no, we now look at profit as being the only indicator of success. We are supposed to look at a company losing £15m in profits and think,
oh what a shame… (look here)