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"Shareholder value" seems to be concentrated in industries that serve wants rather that needs. Basic clothing, food & shelter might have large cash flows, but
by avidiax 5y ago
"Shareholder value" seems to be concentrated in industries that serve wants rather that needs.
Basic clothing, food & shelter might have large cash flows, but they don't have the profit potential needed to have "shareholder value" compared with consumerist industries.
To put it another way, we could satisfy most human needs with little associated "shareholder value" by meeting those needs efficiently.
- deleted 5y ago[deleted]
- Seattle3503 5y agoMcDonald's and H&M are companies serving shareholders in the food and clothing industries.