They don’t care. They only care about short term profits. Capitalism only cares about immediate profits and doesn’t plan for the long term. The management at the top know they won’t be there when the system fails. They’ll get their massive paycheques and cash out their stock long before it crashes.
They can’t care. If they don’t relentlessly pursue profit quarter after quarter, they’ll be consumed by companies who will. There is no planning for the future, only profits.
Walmart used to, probably still does, use other stores as welfare generators for newer stores. The reason was/is because that means the new store can undercut all local competition long enough to drive them out of business and the jack the prices afterwards. Corporations focused so heavily on lying, cheating, and stealing do not do anything out of the good ess of their hearts.
They don’t care. They only care about short term profits. Capitalism only cares about immediate profits and doesn’t plan for the long term. The management at the top know they won’t be there when the system fails. They’ll get their massive paycheques and cash out their stock long before it crashes.
They can’t care. If they don’t relentlessly pursue profit quarter after quarter, they’ll be consumed by companies who will. There is no planning for the future, only profits.
Wasn’t Amazon’s whole thing for a while that they weren’t going to relentlessly pursue quarterly profits? So they can care, they just often don’t.
Walmart used to, probably still does, use other stores as welfare generators for newer stores. The reason was/is because that means the new store can undercut all local competition long enough to drive them out of business and the jack the prices afterwards. Corporations focused so heavily on lying, cheating, and stealing do not do anything out of the good ess of their hearts.
Funny thing, Walmart tried to do exactly that when they were trying to get a foothold in germany, but failed massively, lol.