this post was submitted on 25 Oct 2024
160 points (99.4% liked)

Asklemmy

43936 readers
1117 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 4 points 3 weeks ago

It's a critical element of the financialization of the economy that has lead to it becoming even more irrational and unstable than it was before. Easy example, look up stock buybacks. It's not just that though, it's the entire system of obligation to shareholders to deliver quarterly gains with no concern for employees or even the long-term health of the company.