this post was submitted on 18 Jul 2024
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Seems like a good example of how running a company for the shareholders doesn’t produce a a better product after all.
Precisely what the share holders don't want people to know. They worship money and what the public to think more money = more good. If people realize these investor backed products are generally not anything better than someone can make in their garage they'll stop buying overpriced junk. So here we are about to see how the sausage gets made.
Well, that literally is the only reason to become a shareholder, right?
I mean, technically you're participating in the management of the company and can influence decisions such as environmental benefits, but it feels like that only happens when there's secondary benefits that also improve profit.
Product becomes the byproduct. Dividends and massive returns are the #1 priority.
B-b-b-bingo