No matter how much the business makes, at some point their stock price comes up to the equilibrium with the rest of market. And since for CEO to get bonus he needs stock to go up, the businesses inevitably start applying dirty tricks at one point or another. That's just a system
since for CEO to get bonus he needs stock to go up, the businesses inevitably start applying dirty tricks
Is that a system or is it individual greed? Every economic system has its own weak points that can be exploited by bad actors. Capitalism works. What doesn’t work is letting people get away with dirty tricks.
We'll never solve major challenges like the ever rising income gap, global warming and other environmental concerns and the inevitable cycle of enshittification without it.
The problem is that especially America views unrestricted capitalism as some kind of religion beyond reproach. They consider it a fact of life. But it is very hollow, it glorifies profit above all and has no eye for externalities.
As they currently control a lot of the world trade we're kinda stuck with that system. Trump voters are so angry because they've been getting the short end of the stick for decades. And he is alienating most of his allies meaning everyone is looking for ways to become less dependent on the petrodollar.
Unfortunately they voted for someone who will make it even worse. Instead of 'sticking it to the man' they're giving it to the man.
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Because it doesn't address the actual problem.
The problem the company has is not making enough money. It addresses that problem.
The funny thing about that problem is that it is unsolvable.
We're seeing "it's never enough" play out right in front of our eyes.
No matter how much the business makes, at some point their stock price comes up to the equilibrium with the rest of market. And since for CEO to get bonus he needs stock to go up, the businesses inevitably start applying dirty tricks at one point or another. That's just a system
Is that a system or is it individual greed? Every economic system has its own weak points that can be exploited by bad actors. Capitalism works. What doesn’t work is letting people get away with dirty tricks.
That system really needs to go.
We'll never solve major challenges like the ever rising income gap, global warming and other environmental concerns and the inevitable cycle of enshittification without it.
The problem is that especially America views unrestricted capitalism as some kind of religion beyond reproach. They consider it a fact of life. But it is very hollow, it glorifies profit above all and has no eye for externalities.
As they currently control a lot of the world trade we're kinda stuck with that system. Trump voters are so angry because they've been getting the short end of the stick for decades. And he is alienating most of his allies meaning everyone is looking for ways to become less dependent on the petrodollar.
Unfortunately they voted for someone who will make it even worse. Instead of 'sticking it to the man' they're giving it to the man.
That’s the companies problem.
The farmers problem is the company is squeezing too much money out of them.
There is no single solution to both problems.
Competition?
How would that help the company?
Didn't help the non-spying TV market.