Comment on BMW’s Newest “Innovation” is a Logo-Shaped Middle Finger to Right to Repair
Modern_medicine_isnt@lemmy.world 1 day agoYou would, but making such a product is extremely expensive. And consumers will in general buy the cheaper not better product. Major investors know this, so spending on making a better product would actualy cause the stock price to go down. Maybe it would have paid off in the long run. But they want the stock price to go up now, not a year from now.
kent_eh@lemmy.ca 1 day ago
That’s the core of the issue. Short term focus at the axpense of the long term sustainability of the entire enterprise.
Modern_medicine_isnt@lemmy.world 1 day ago
I think the focus on the shareholder perceptions is the core issue. It’s compounded by the short term interests of said shareholders.
kent_eh@lemmy.ca 22 hours ago
That short term focus causes a lot of damage to a lot of people.
But, of course, too many shareholders are sociopathically focused on their own enrichment with absolutely zero concern for the harms thay cause to the rest of society.