11-16-2012, 02:38 AM
Speedy wrote:
Why do you hate corporations so much for doing what they are supposed to do: make money?
Corporations are not actually supposed to necessarily "make money" it's just that profit is the simplest metric by which to judge the short-term success of a company.
However, that's also the undoing of the purpose of measuring profit. Investors seek the greatest return, and they have come to expect increasingly increasing returns. However, gravity appears universal not just to physics but also to finance and as a result, those upward treading curves are just part of an S that levels off or a bell that swoops back down.
The old, reliable, steady linear increases - well, those just didn't bring in enough return to justify the investment. And so companies that used to operate sensible have all turned vampiric and abusive towards their customers, seeking to sap every last penny they can out of them.
I've got nothing against a sensible return. It's blatant usury and monopolistic behavior that I hate.
g=