Goggles_Greek t1_jdsc60w wrote on March 26, 2023 at 8:25 PM

"Infinite Profit Growth Forever" is definitely both real and healthy /s

tinacat933 t1_jdstkkj wrote on March 26, 2023 at 10:31 PM

Seriously, why is no one just happy with profit anymore

Goggles_Greek t1_jdsvrbv wrote on March 26, 2023 at 10:48 PM

Unfathomable, ghoulish greed of shareholders, owners, landlords, etc. who aim to do nothing but collect more and more fees for just owning stuff?

69FunnyNumberGuy420 t1_jdv9sdx wrote on March 27, 2023 at 1:36 PM

General Electric is basically a financial company now because they just didn't make enough money being General Electric.

Cyberlout t1_jdvgzt6 wrote on March 27, 2023 at 2:29 PM

Westinghouse is dead now for the same reason. Decided being Westinghouse wasn’t enough.

turp101 t1_jdw20c7 wrote on March 27, 2023 at 4:48 PM

And so many auto manufacturers as well. Cars are a loss leader for several as they make money from their credit services.

Heck - Airline frequent flyer programs serve the same purpose for large airlines as the programs have higher valuations and profits than the actual flying portion of the business.

DisFigment t1_jdywbhj wrote on March 28, 2023 at 5:01 AM

Should never have sold off the Sheinhardt Wig Company.

turp101 t1_jdw1q80 wrote on March 27, 2023 at 4:46 PM

This is a fundamental flaw in the current version of our economy/capitalism. The infinite growth mantra that has readily been preached for over 40 years is just not logistically feasible. Eventually there are constrained resources of some type, even if it is just the lack of agility of a large bloated company unable to pivot to meet the new latest and greatest whatchamacallit coming from the competition.