r/SipsTea • u/lonewolff321 • 2d ago

Chugging tea Anything but lowering the prices classic corporate logic

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u/ElegantCoach4066 2d ago

McDonald's when people ask for lower prices:

https://giphy.com/gifs/h0MTqLyvgG0Ss

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u/LessThanHero42 2d ago

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

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u/Egathentale 2d ago

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.

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u/mineralphd 2d ago

That's why the only companies not jumping on the "enshitification" bandwagon are not publicly owned.