3 ms·
Yeah, but who cares about long-term economics? If you're a public corporation, the only thing that matters to you is short-term profits and stock price, and do
by shiroiuma 3y ago
Yeah, but who cares about long-term economics? If you're a public corporation, the only thing that matters to you is short-term profits and stock price, and doing things in the society's long-term interest is usually against your short-term interest. Normally, we have governments and regulations to serve as a check here and worry about the long-term interests of society, but that requires a citizenry that votes for such policies. America's voters don't care much about this, as seen by their voting patterns, so it's wrong to worry about long-term economics there.