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Most financially successful humans only care how to increase their already huge amount of money. they do not give a flying fuck about advancing humanity as a wh

by FpUser 2y ago

Most financially successful humans only care how to increase their already huge amount of money. they do not give a flying fuck about advancing humanity as a whole.

encomiast 2y ago
[citation needed]
- FpUser 2y ago
  Look around and see what big corporations are doing. You woll be flooded.
- johnnyanmac 2y ago
  Do we really need a citation on how corporations are run, and what they do to constrain innovation?
  - encomiast 2y ago
    I'm sorry, I didn't read "most financially successful humans" to mean corporations.
WalterBright 2y ago
The neato thing about free markets is in order to make more money you have to please other people so those people will freely give you their money.
- johnnyanmac 2y ago
  That works until you capture the market. That's the entire phenomenon aroind the poorly named "enshittification". Companies have in fact figured you can be too big to fail and wait until they get their to no longer "please other people" and squeeze them. Or at least, get away with otherwise company killing moves for years longer than they should.
  - WalterBright 2y ago
    That was said about IBM. It was inevitable it was going to take over the world, an unstoppable juggernaut. Yet it faded away into irrelevance. Plenty of other examples.
    - johnnyanmac 2y ago
      That's the thing, though. IBM faded into... A 62B earnings call for 2023. I sure wish that's how I could fade if I sold out. Not being in the limelight doesn't mean these old juggernaut aren't still making more money than some small countries. Very few companies that you feel are "dead" are truly in dire straits financially. They've mad their money and still make a non-negligible amount today in the background
      - WalterBright 2y ago
        Intel has also faded away. As did Sears, Kodak, Xerox, GE, even Walmart was eclipsed by Amazon. Disney has lost its footing. AT&T. Novell. Cisco. Kmart. RCA. Capitalism has been in the US for what, 250 years? You'd think the theory that capitalist businesses grow to take over the world would have been repeatedly verified by now.
        johnnyanmac 2y ago
        You're not getting it are you? Do what I did with Nvidia and see how much money 80% of those companies are making. >You'd think the theory that capitalist businesses grow to take over the world would have been repeatedly verified by now. It's not about taking over the world. Ceos aren't twirling their mustaches with a bowler hat. It's about what it's been about for all of humanity: making sure to keep some other part of humanity down so they don't get power. America's only had one civil war and it was purely to make sure they can keep telling black people what to do, without proper compensation. That's how important that control is to them. Businesses can die and restart, but they cannot get back lost power that way.
        2y ago
- FpUser 2y ago
  >"you have to please other people " Nope. Comparatively to what it used to be some 25 years "pleasing" factor went down the tubes. In many cases modern capitalism looks more and more like an extortion business
  - WalterBright 2y ago
    > Nope. Do you buy things you don't want?
- account42 2y ago
  The other neat thing about free markets is that they don't exist in the real world.

by FpUser 2y ago

Most financially successful humans only care how to increase their already huge amount of money. they do not give a flying fuck about advancing humanity as a whole.

encomiast 2y ago

[citation needed]

FpUser 2y ago
Look around and see what big corporations are doing. You woll be flooded.
johnnyanmac 2y ago
Do we really need a citation on how corporations are run, and what they do to constrain innovation?
- encomiast 2y ago
  I'm sorry, I didn't read "most financially successful humans" to mean corporations.

WalterBright 2y ago

The neato thing about free markets is in order to make more money you have to please other people so those people will freely give you their money.

johnnyanmac 2y ago
That works until you capture the market. That's the entire phenomenon aroind the poorly named "enshittification". Companies have in fact figured you can be too big to fail and wait until they get their to no longer "please other people" and squeeze them. Or at least, get away with otherwise company killing moves for years longer than they should.
- WalterBright 2y ago
  That was said about IBM. It was inevitable it was going to take over the world, an unstoppable juggernaut. Yet it faded away into irrelevance. Plenty of other examples.
  - johnnyanmac 2y ago
    That's the thing, though. IBM faded into... A 62B earnings call for 2023. I sure wish that's how I could fade if I sold out. Not being in the limelight doesn't mean these old juggernaut aren't still making more money than some small countries. Very few companies that you feel are "dead" are truly in dire straits financially. They've mad their money and still make a non-negligible amount today in the background
    - WalterBright 2y ago
      Intel has also faded away. As did Sears, Kodak, Xerox, GE, even Walmart was eclipsed by Amazon. Disney has lost its footing. AT&T. Novell. Cisco. Kmart. RCA. Capitalism has been in the US for what, 250 years? You'd think the theory that capitalist businesses grow to take over the world would have been repeatedly verified by now.
      - johnnyanmac 2y ago
        You're not getting it are you? Do what I did with Nvidia and see how much money 80% of those companies are making. >You'd think the theory that capitalist businesses grow to take over the world would have been repeatedly verified by now. It's not about taking over the world. Ceos aren't twirling their mustaches with a bowler hat. It's about what it's been about for all of humanity: making sure to keep some other part of humanity down so they don't get power. America's only had one civil war and it was purely to make sure they can keep telling black people what to do, without proper compensation. That's how important that control is to them. Businesses can die and restart, but they cannot get back lost power that way.
        2y ago
FpUser 2y ago
>"you have to please other people " Nope. Comparatively to what it used to be some 25 years "pleasing" factor went down the tubes. In many cases modern capitalism looks more and more like an extortion business
- WalterBright 2y ago
  > Nope. Do you buy things you don't want?
account42 2y ago
The other neat thing about free markets is that they don't exist in the real world.