• greenskye@lemm.ee
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    2 months ago

    It’s weird how they can take the long view on some things and yet they will happily run a company into the ground for a 1% higher quarterly return.

    • Cowbee [he/him]@lemmy.ml
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      2 months ago

      Have you read Marx? Capitalists serve Capital and its accumulation, not necessarily their own long-term interests. The draw and power of accumulation is so high that short term wins become necessary, which results in crisis.