4 ms·

I don't know why people get PO'd that companies make money. That's the way capitalism works. It's not like anybody can just invest billions of dollars in infras

I don't know why people get PO'd that companies make money. That's the way capitalism works. It's not like anybody can just invest billions of dollars in infrastructure and hope to make money on it. Then again, the town of Chattanooga TN may be on to something: https://news.ycombinator.com/item?id=8064947 https://news.ycombinator.com/item?id=8064947

finnn 12y ago
Unless you live in one of these states: http://broadbandnow.com/report/municipal-broadband-roadblocks/ http://broadbandnow.com/report/municipal-broadband-roadblock...
audunw 12y ago
There's a huge difference between "companies exist only to pay (short term) shareholder dividends" and "shareholders are one of the ways companies raise capital to accomplish its mission" It's two different cultural perceptions that have a big outcome on how companies are managed. I think it's OK for people to be PO'ed when companies are managed by the first mindset. Because healthy capitalism is as much about culture as it is the concrete laws and regulations. Unfortunately I think the US is struggling with a bad culture here, as evidenced by "corruption" being relabeled as "lobbying", which has become culturally accepted.