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this post was submitted on 06 Aug 2024
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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.
Stock holders can sue the company if there's a loss, too. That shouldn't be a thing, but here we are.
Whoever passed that bullshit is responsible for so much of what's wrong with our economy.
*Capitalism demands infinite growth. Because the goal of Capitalism first and foremost isn't providing a good product or upholding moral values, but making money.