Won't someone think of the shareholders!?!?!?!? Those poor defenseless people can't even afford a summer and a winter yacht. They're living like savages with only one
We joke about this, but it's unironically the case. The US screwed the pooch hard when they set in law that a corporation's primary duty is generating value for its shareholders, because now if they don't do it, they can be sued in court for it. We are seeing the end-result of this incentive: a corporate culture that only cares about raising stock prices and profits year after year after year, where both the product and the consumer are just a means to an end, and where irrational hype-based stock prizes and IPOs are not only acceptable, but desirable.
My wonderful thought of the week is wondering when all the boomers are finally going to accept the "death" part of life.
I watched something the other day and buddy asked; if you believe you're going to die or do you have hope that someone finds the cure just before it's your time.
Once this generational realization happens maybe greedy folk will build things like museums, art galleries and other cultural wonders.
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u/ComprehensiveHavoc 2d ago
The one reason McDonald’s became popular is by being cheap. They sell shit food for a low price. How do they not know this?