The stock market is not a requirement of capitalism. Nor is it a requirement for management to be beholden to shareholders in the short term. It's a culture pr

The stock market is not a requirement of capitalism. Nor is it a requirement for management to be beholden to shareholders in the short term. It's a culture problem. Apple for example, gives two shits about shareholder short/medium term concerns about sinking billions into the Apple Car and Apple Vision Pro that may take a very very long time to become profitable (if ever.)