GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 4 months agoVillainslemmy.worldimagemessage-square29fedilinkarrow-up19arrow-down11
arrow-up18arrow-down1imageVillainslemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 4 months agomessage-square29fedilink
minus-squareKecessa@sh.itjust.workslinkfedilinkarrow-up0·4 months agoNo I’m saying that if their profit didn’t need to take a useless billionaire leech into consideration then prices could be lower. That last part is complete bullshit as well and you would know it if you knew anything about crown corporations.
minus-squaretimestatic@feddit.orglinkfedilinkarrow-up0arrow-down1·4 months agoHave you ever considered people becoming billionaires of companies that haven’t made a single cent of profit? Spotify never made any profit for example and is still valued at just 96 bn USD
minus-squareKecessa@sh.itjust.workslinkfedilinkarrow-up0·4 months agoStock valuation has nothing to do with the current conversation but billionaires shouldn’t exist at all whole homeless people exist, it’s that simple.
minus-squaretimestatic@feddit.orglinkfedilinkarrow-up0arrow-down1·4 months agoI don’t think billionaires shouldn’t exist necessarily, I do think homeless people shouldn’t exist tho.
No I’m saying that if their profit didn’t need to take a useless billionaire leech into consideration then prices could be lower.
That last part is complete bullshit as well and you would know it if you knew anything about crown corporations.
Have you ever considered people becoming billionaires of companies that haven’t made a single cent of profit? Spotify never made any profit for example and is still valued at just 96 bn USD
Stock valuation has nothing to do with the current conversation but billionaires shouldn’t exist at all whole homeless people exist, it’s that simple.
I don’t think billionaires shouldn’t exist necessarily, I do think homeless people shouldn’t exist tho.