• JJROKCZ@lemmy.world
    link
    fedilink
    English
    arrow-up
    51
    arrow-down
    3
    ·
    1 year ago

    Capitalism requires obtaining more capital than ever every quarter or you’ve failed as a company. They’re getting to the point they have to violate the customers privacy in order to chaise ever growing profits

    • LazaroFilm@lemmy.world
      link
      fedilink
      English
      arrow-up
      32
      ·
      1 year ago

      Capitalism only works in a growing company in a growing market. Once you’re reached a plateau it maxes out your client base you can’t go any higher other than artificially.

      • JJROKCZ@lemmy.world
        link
        fedilink
        English
        arrow-up
        11
        ·
        1 year ago

        It seems to still be working for the mega corps now stealing and selling our private info, no one is stopping them and they’re taking in extra millions from it. Their original business may plateau at a certain point but then they branch out to more business models/types by using the money bucket from the original successful business

    • Earthwormjim91@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      1
      ·
      1 year ago

      What’s funny is that that only really applies to publicly owned companies where anyone can own shares of the company.