this post was submitted on 21 Dec 2023
702 points (100.0% liked)
196
17027 readers
749 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
If you have any questions, feel free to contact us on our matrix channel.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem is shareholders; The fact that extracting money out of the company is prioritised over the stability of the company. This leads to unstable companies which are vulnerable to shit like this.
WB would not be verging on the edge of bankruptcy if it was privately held.
Extracting money out is the epitome of capitalism. The entire point.
The problem is capitalism.