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This is simply how capitalism works. It’s run by humans who can pretend (market) they care about lives, but the math and shareholder roi promises indicate othe
by flandish 3y ago
This is simply how capitalism works. It’s run by humans who can pretend (market) they care about lives, but the math and shareholder roi promises indicate otherwise.
Until industry related to health, safety, and other facets (educ, housing, mass transit, etc) are publicly run and regulated, and not for-profit-capitalist, this story will keep happening. It’s going to take enough death lining up before the public realizes these shareholders should be held criminally responsible.
- goku12 3y agoI know that share value is what drives the enshittification. But realistically, what's the role of a regular shareholder in the management decisions? How do they control or even influence such decisions? How do you become criminally liable of management decisions if you buy their share expecting its value to grow? Pardon my naivety. I'm ignorant and curious about the power dynamics at play here.
- flandish 3y ago>influence Price. The changes tacitly indicate approval/disapproval.