The myth of capitalism is that it improves things for the consumer. It’s very obvious that it only improves, at best, the next quarter’s returns for the investor. Once that husk of a company stops “line going up,” the money goes elsewhere and we repeat.
If the line can’t go up through creation it’ll go up through destruction.
The average person: Spotify sucks and is making me hate them even more
Shareholders seeing layoffs followed by AI replacements for those workers and then repeated price hikes: 🤑
The myth of capitalism is that it improves things for the consumer. It’s very obvious that it only improves, at best, the next quarter’s returns for the investor. Once that husk of a company stops “line going up,” the money goes elsewhere and we repeat.
If the line can’t go up through creation it’ll go up through destruction.