336
submitted 10 months ago by balderdash9@lemmy.zip to c/memes@lemmy.world
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[-] Mr_Fish@lemmy.world 34 points 10 months ago

Probably not even increased profits overall, specifically short-term profits.

[-] Perfide@reddthat.com 2 points 10 months ago

Yep and that's all that they care about. When the company's fortunes start to turn the execs will jump out with their golden parachute and not give a fuck.

[-] ininewcrow@lemmy.ca 19 points 10 months ago

Corporations have always wanted to only push the 'profits only' button ... like a crack addict with a single minded focus, it was everyone else, socially minded politicians, regulators, advocates, unions, workers that all ganged up on the profit crack addict to keep them from pushing that button .... they slowly removed all those people that tried to control the profit crack addict and now there are not many left ... so the profit crack addict gets to have as much of what they want without any control.

[-] ShadowRam@kbin.social 18 points 10 months ago

What do you expect when you enshrine in law, that corporations are legally obligated to do everything they can increase profits.

[-] Pohl@lemmy.world 5 points 10 months ago

You could also do (lower prices) (better quality) and have consumers slapping the red button. People love that Walmart trash. Fill a whole house with garbage they don’t really need.

The prices they paid for that high quality stuff 50+yrs ago would make you gag. Of course grandmas iron still works she paid the equivalent of $150 for it.

this post was submitted on 24 Dec 2023
336 points (97.7% liked)

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