WE don’t demand it.
Modva@lemmy.world 3 months ago
We demand infinite growth. Why? Because shareholders want to buy shares and sell them later for more.
Do anything it takes to make that transaction happen, cut people’s jobs en masse, whatever.
Forever.
Potatisen@lemmy.world 3 months ago
jerkface@lemmy.ca 3 months ago
By context “we” refers to google.
Potatisen@lemmy.world 3 months ago
Derp, of course. Re-reading it now, so obvious.
A_Random_Idiot@lemmy.world 3 months ago
Infinite growth in a closed and limited system.
I see absolutely nothing wrong with this.
profdc9@lemmy.world 3 months ago
Stock holders demand infinite growth. If the management doesn’t make money, they put in place new management. A company is only worth the value of the next stock buyback or dividend. It’s baked into the structure of corporations, especially publicly-owned corporations.
PhAzE@lemmy.ca 3 months ago
Stock holders can sue the company if there’s a loss, too. That shouldn’t be a thing, but here we are.
JovialMicrobial@lemm.ee 3 months ago
Whoever passed that bullshit is responsible for so much of what’s wrong with our economy.
AutomaticUpdates@monero.town 3 months ago
*Capitalism demands infinite growth. Because the goal in capitalism first and foremost isn’t to provide a good product or to uphold morals, but to make money.