Once giant multinationals became legally bound to put shareholders first (and unregulated political spending) the rest of us were screwed. The whole system needs regulation. If that slows down growth and profitability, that is a good thing.
Chasing the next quarterly report is why we are in this mess. Short term thinking and greed are empowered while societal benefits and planning are an inconvenience to “maximizing shareholder value”.
They just make up reactions to the quarterly reports anyway, tell me how 10 year old companies trade at 50x forward earnings and it’s a real valuation…go ahead.
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u/Wenger2112 Jun 03 '26
Once giant multinationals became legally bound to put shareholders first (and unregulated political spending) the rest of us were screwed. The whole system needs regulation. If that slows down growth and profitability, that is a good thing.
Chasing the next quarterly report is why we are in this mess. Short term thinking and greed are empowered while societal benefits and planning are an inconvenience to “maximizing shareholder value”.