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this post was submitted on 17 Sep 2025
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Yeah, but they figured out a loophole in the system that allows them to stack dollars for no real reason. That has to count for ~~something~~ everything
Not a loophole, it’s how the system is built. Publicly owned for-profit companies legally cannot perform actions that can be perceived as hurting their profits, such as raising wages or lowering prices to benefit workers/customers. Shareholder primacy. Executives are employed by the shareholders & owe workers nothing other than what the government mandates.
Right, and whoever figured out that system was likely not working for tips, nor are many of the beneficiaries of that system today. So I guess I should clarify, I mean the system itself is a loophole that allows people who figure it out to avoid doing anything productive as long as their investment is large enough for them to live off others, whose work is part of a collective effort to ensure that the fantasy of a company's eternal growth continues unabated.
The problem is you can never tell when that rabid pursuit will lead a company to ruin, and cause that investment to collapse overnight.
So that means people spread their investment over multiple concerns attempting to pull off the fantasy of eternal growth so that the inevitable failure only impacts them a little bit at a time, assuming they aren't quick enough to move their investment to a different inevitable catastrophe in time to avoid the current catastrophe.
You know, a house of cards.