I’d really love to see some better propositions for quantifying value that’s better than straight up corporate profit. I’m with you a 100%, just looking for the path to get there.
Imo it’s not so much that corporate profit is the problem, it’s how corporate profit is allowed to happen. Make stock buybacks illegal again, revert tax law to a point where dividends are a better way to profit than endlessly increasing share price, and force all businesses to be some form of business cooperative.
It’s not a perfect answer, I don’t think a perfect one actually exists, but it plugs most of the biggest holes we have right now
I’d really love to see some better propositions for quantifying value that’s better than straight up corporate profit. I’m with you a 100%, just looking for the path to get there.
Imo it’s not so much that corporate profit is the problem, it’s how corporate profit is allowed to happen. Make stock buybacks illegal again, revert tax law to a point where dividends are a better way to profit than endlessly increasing share price, and force all businesses to be some form of business cooperative.
It’s not a perfect answer, I don’t think a perfect one actually exists, but it plugs most of the biggest holes we have right now