• gAlienLifeform@lemmy.world
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      4 months ago

      Not surprising when I think about all the different ways the extremely wealthy have corrupted all of our democratic and regulatory institutions, but it’s pretty ironic that only privately held companies can respond to public feedback in a healthy way these days

      • sp3ctr4l@lemmy.dbzer0.com
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        4 months ago

        Hyper-Capitalism? Nooo.

        //RETRO//-Captialism? … significantly better by comparison.

        Terrifying, but true.

        ‘Stakeholder Capitalism’ turned out to be approximately the same degree of bullshit as ‘Abundance Agenda’ is now.

            • BeardedGingerWonder@feddit.uk
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              4 months ago

              There’s absolutely no obligation to be penny pinching for public companies, the leadership is obligated to act in the best interests of the company but that’s about it.

              The motivations and reward schemes may be very different, public company CEO may be incentivised to maximise share price for instance and that may attract the kind of psychopath that will try and maximise share price by penny pinching - equally I don’t think anyone could make a serious argument that being more like Steam would be acting against the best interests of a company selling games.