Fri, Mar-01-24, 21:02
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Senior Member
Posts: 1,983
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Plan: Keto (Atkins Induction)
Stats: 235/175/185
BF:
Progress: 120%
Location: Florida
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Corporations are a big problem.
Take a small business, I have two of them. All I need to make is enough to pay the people who work with me, have enough left over for myself, and that's it.
A corporation, on the other hand, have 49% of the people as stockholders, who do no work in the corporation. And they want their stock to be worth more and more and more and more and more every quarter.
That means the corporation has to figure out ways to make more and more and more and more and more profit every quarter.
The small business has no need to increase it's worth, just to keep up with inflation. Anything else is extra but not necessary.
Unlike the small biz, if the corp doesn't make more and more and more, the stockholders will bail out. Who needs to own stock that is just keeping up with inflation? Or worse, not even.
So how can the corp keep growing. Perpetual growth in a closed system is impossible.
So they can raise prices while they shrink the size of the product. They can hire cheaper labor, which cuts quality. They can buy cheaper raw products. They can shorten the life of their products, so you have to replace them sooner and sooner. And they can do a number of other things that are good for the stockholders, but bad for the consumers.
I don't know of a better system, communism didn't work, it had an opposite set of problems. But being aware of how corporationalism works at least helps you make better decisions on what and how to buy.
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