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> Now you're shifting the goal post. That was not my intention. Climate change was just an example but the point is still about profits. It doesn't matter if y
by Draiken 3y ago
> Now you're shifting the goal post.
That was not my intention. Climate change was just an example but the point is still about profits. It doesn't matter if you find that in 25 years profits will be better for everyone if we do X. Unless you get growth next quarter, stocks plummet.
Hence why I said I don't share your optimistic vision. With capitalism there is only the next quarter.
Even if you look at some of the longer plays like venture capitalism, it's the same mindset focusing on an exit that is a bit delayed. Swap profit at all costs with growth at all costs for a while in hopes you then profit later with monopolies.
Sure as you state short-term profiteering might not be all there is to capitalism, but I never claimed that in the first place. The issue is not the short-term part, it's seeking profit above all else. You can't really fix that within capitalism since it's what defines it.