• rem26_art@fedia.io
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    1 month ago

    strategy is look like you’re doing stuff so investors get excited and your stock goes up. Then close a bunch of studios and layoff a bunch of people so it looks like you’re “maximizing efficiency” so investors get excited and your stock goes up

    • greenskye@lemmy.zip
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      1 month ago

      Somewhere along the way we built a system that doesn’t actually require you to do or make anything. And that’s been absolutely horrible.

      • YiddishMcSquidish@lemmy.today
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        1 month ago

        It was purposeful. The people in charge of capital are known to not produce anything, and that infects ever person down the line. Until of course you get to the actual producer, who gets paid the least while doing literally all the work.

        • 𞋴𝛂𝛋𝛆@lemmy.world
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          1 month ago

          It is inherited wealth. Business acumen is not hereditary. Without a meritocratic social structure, exploitation is the only way the incompetent maintain hegemony. Like 47 could have stayed on Epstein island fucking kids his entire life after putting all of his inheritance in US government bonds and would have far more wealth now than in real life.