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Old 03-11-2023, 10:10 PM
trans gamer girl trans gamer girl is offline
Decaying Skeleton


Join Date: Mar 2023
Posts: 6
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Quote:
Originally Posted by Trexller [You must be logged in to view images. Log in or Register.]
It is bullshit, but its also reality

there are a bunch of corporations which are so integral to our economy that we as a nation cannot allow to cease operations.

they know that they have us by the balls, so there is zero incentive to be better at their jobs.

i absolutely believe that these businesses maneuvered themselves into this position on purpose, its fuckin' smart from their point of view.
the entire idea of how a publicly traded company works is fucked, you see it time and time again especially as advanced aged gamers. company goes public, shareholders get independently rich then fuck off to cancun, business is not allowed to operate in any way other than whatever way squeezes maximum dollars out of the economy for their shareholders. ford vs dodge is the only example i need, one of the first things you'll learn if you study corporate law:

harvard's tl;dr: https://corpgov.law.harvard.edu/2021...pened-and-why/
Quote:
Dodge v. Ford is one corporate law’s iconic decisions, regularly taught in law school and regularly cited as one of corporate law’s core shareholder primacy decisions. Ford Motor slashed its dividend in 1916 and minority stockholders—the Dodge brothers—successfully sued Ford Motor Company for a big dividend payout. Ford had justified skipping the dividend because he sought to do well for employees and America’s car buyers, with corporate profits a secondary motivation. The court largely rejected Ford’s justifications for holding back the dividend.
but yeah this root issue is why libertarianism is fucked. any worthwhile political ideology has to address corporate tyranny and crony capitalism these days.