If profits go down, shareholders will just move on to more profitable stocks.
Any publicly traded company is going to be the same… Many privately held companies will also be the same, it’s just that the shareholders will be the ones running the show… Which might be worse in some cases.
We’re in end-stage capitalism now, not even the longevity of a business matters next to shareholder profits.
If profits go down, shareholders will just move on to more profitable stocks.
Any publicly traded company is going to be the same… Many privately held companies will also be the same, it’s just that the shareholders will be the ones running the show… Which might be worse in some cases.