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New cars are great...
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this post was submitted on 30 Sep 2023
1853 points (97.3% liked)
Mildly Infuriating
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Capitalism requires obtaining more capital than ever every quarter or you’ve failed as a company. They’re getting to the point they have to violate the customers privacy in order to chaise ever growing profits
Capitalism only works in a growing company in a growing market. Once you’re reached a plateau it maxes out your client base you can’t go any higher other than artificially.
It seems to still be working for the mega corps now stealing and selling our private info, no one is stopping them and they’re taking in extra millions from it. Their original business may plateau at a certain point but then they branch out to more business models/types by using the money bucket from the original successful business
What’s funny is that that only really applies to publicly owned companies where anyone can own shares of the company.