this post was submitted on 02 May 2024
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Exactly. Whatever product or service a business provides, once it goes public, the primary goal becomes profit--everything else is secondary and subject to removal if it promotes the primary objective. Shareholders don't care about the long-term viability of the business--once it peaks, they'll sell and move on. Basically a financial swarm of locusts.
Egads. Perfect anology. I'm going to steal that one. Thank you!