this post was submitted on 04 Oct 2023
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I kind of get the feeling that CEOs and corporations see the writing on the wall in terms of the world, economy, and climate change. We're headed for some really extreme times in history and I think these guys have the mindset to just go full balls and try to scam as much wealth out of humanity as possible before the shit hits the fan. The greed I see from companies these days is very blatant and in your face, they don't try to hide it anymore, it's all very "fuck you, pay me" and it's virtually every company you can find these days, they're all doing everything they can to fuck everyone out of one more penny.
It's a full chain of events that one thing lead to another. People invest money into companies in order to make more money, but they don't make more money just because the company had profit - it that was the case nobody would have sold it to them. For the investors to profit from owning part of a company, it needs to increase the amount of money it makes compared to when the investor jumped in. With the companies being negotiated at all times, it needs to increase its revenue at all times as well. So companies' objectives are no longer to make money, but to increase the amount of money they make. There's no stopping point, no "we're at a real good spot here". If some company managed to amass all the money in the world, it would be screwed because that would mean it can't make more money. Some companies may make some nice products and become profitable and have happy users, but even if a company makes enough money to give all of its employees a very comfortable life, it can't, because it needs to continue increasing its profits.
The greed is so apparent these days because too many companies have reached a point where there's no more room for them to grow, but they still need to.
And it'll only get worse.
There was a scene in the show Parks and Recreation that happens in some near future and that scene had an ad saying "Proud to be one of America's eight companies". That absolutely is the future we're walking towards.
Movies have been very expensive in the short term period after theatrical release, that's why blockbuster would charge $60 if you lost the tape, it's how much they sold to rental stores for before wide release. This higher price is absurd to me but to the studios it's a premium for all the hype they built up, the price will come down after a few months. They are still working out the new models and testing the waters to see what floats.