*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.
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.
AutomaticUpdates@monero.town 1 month ago
PhAzE@lemmy.ca 1 month 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 1 month ago
Whoever passed that bullshit is responsible for so much of what’s wrong with our economy.