ACKTCHUALLY the collapse of the American economy is a good thing ☝️🤓
Comment on glorious stock
lost_screwdriver@thelemmy.club 1 week ago
To be fair: companies should not focus on maximizing their stock value or work for some investors. They should focus on delivering the best product for the best price. For quite some time, especially in the US, the product of the most companis were just their shares. The best one just made the most money for it’s investors. Trump finally fixes that. Also he really does some for the small people: Stocks are not a way to got rich, but a way to stay riwh - if the stock market outperforms the economic growth rich people get even more rich, poor people get more poor! Only rich people have money to spare to invest
anachrohack@lemmy.world 1 week ago
Aermis@lemmy.world 1 week ago
I’m sorry trump fixed what? There is 0 incentive for any company at all to make a better product. There’s no money in making good products. If you can only sell something once you go out of business. Look up that pan company that made some of the best pots and pans but then had to file for bankruptcy. Second of all stocks are the ONLY thing that matters in our current version of capitalism. Making money for the investors is the sole goal for corporations. If the incentive isn’t to make a good product, but to monopolize the market so there’s no one that can make a product better than yours then the end goal is to own the law that will can prevent you from owning everything. Which is where trump comes in, dismantling laws and regulations that hold corporations accountable. Not only is Trump not fixing anything, he’s actively the guy inside politics changing the rules to benifit corporations and stocks. And the fact that he’s failing this hard is comical.