Submitted by Oktay_LS t3_yfjjl5 in dataisbeautiful
Yossarian216 t1_iu4bub9 wrote
Reply to comment by londoncatvet in [OC] Apple may be the most resilient among the FAANGs this Earnings Season by Oktay_LS
I’m someone who thinks capitalism needs to be regulated and restrained in order to keep it from destroying the world, and we are failing miserably at this task. The banks that created the financial crisis in 2008 but were “too big to fail” are all even bigger now. Big companies control far too much already and are getting bigger all the time. How many people can live and work in our current society without being a customer of Apple or Google or Microsoft? That growth mentality, it infects everything we are currently doing. It’s why oil companies are price gouging us to raise their profits, which are then being used on stock buybacks to bump the stock price. It’s toxic, and it hurts and kills people, and it’s the primary driver behind climate change, which will eventually destroy human society.
So no, not really a capitalist.
Viewing a single comment thread. View all comments