the corporate world maxed out profits during Covid and now somehow has to still show quarterly improvements
Ugh. Yes. I’ve never quite thought about it in terms that simple, but sadly it’s 100% correct.
Endless year-over-year growth is entirely unsustainable, but the corporate world will hear none of it, because they won’t be the victims. They can continue to socialize losses and privatize profits to keep the system propped up for a long time. I don’t think it’s forever, but realistically it’s going to take a revolution-level event to put an end to it. If the only other option is to wait it out, I fear we won’t even see improvement in our lifetimes – we’ll just continue falling into this dystopia.
Ugh. Yes. I’ve never quite thought about it in terms that simple, but sadly it’s 100% correct.
Endless year-over-year growth is entirely unsustainable, but the corporate world will hear none of it, because they won’t be the victims. They can continue to socialize losses and privatize profits to keep the system propped up for a long time. I don’t think it’s forever, but realistically it’s going to take a revolution-level event to put an end to it. If the only other option is to wait it out, I fear we won’t even see improvement in our lifetimes – we’ll just continue falling into this dystopia.