You are viewing a single thread.
View all comments View context
4 points
*

There’s really no point arguing with someone who thinks in memes, and definitely not with someone who leads with “Capitalism is cancer.” But business does have a “grow or die” philosophy, which could be what the person means by misapplying the term “infinite”. The mainstream business world knows literally infinite growth isn’t possible - although many people in business don’t see or acknowledge specific limits, or think they’re so far away they can be treated as infinite right now.

permalink
report
parent
reply
1 point

This, they keep thinking profits have to go up indefinitely, so they raise it far beyond what can be reasonably accounted for inflation. Then they wonder why no one’s buying.

The idea that “people need to afford your product” doesn’t register to these clowns.

permalink
report
parent
reply
1 point
*

Except that’s not what’s happening - people still ARE buying, and that’s why jacked-up covid prices have stayed high. Companies found that ridiculously high prices didn’t hurt sales, so they see no reason to roll them back. Amazingly it turns out Econ 101 doesn’t represent immutable laws of physics.

permalink
report
parent
reply
1 point

Except they aren’t and so many companies are hemorrhaging money.

permalink
report
parent
reply

memes

!memes@lemmy.world

Create post

Community rules

1. Be civil

No trolling, bigotry or other insulting / annoying behaviour

2. No politics

This is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent reposts

Check for reposts when posting a meme, you can only repost after 1 month

4. No bots

No bots without the express approval of the mods or the admins

5. No Spam/Ads

No advertisements or spam. This is an instance rule and the only way to live.

Sister communities

Community stats

  • 13K

    Monthly active users

  • 3.1K

    Posts

  • 76K

    Comments