• surph_ninja@lemmy.world
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    21 hours ago

    This is the most confusing thing to me. We always hear about how these people are only “billionaires” on paper, and any money they spend is borrowed with the investments used as collateral.

    So if they continue to fuck consumers, the consumer economy collapses eventually. At that point, they’re no longer billionaires. The only people who will continue to be rich will be those directly controlling resources.

    Why would anyone running a company selling ads on websites, or selling goods to consumers, intentionally fuck consumers? It makes no damn sense, and fucks these on-paper billionaires in the long run. If you make the dollar worthless, what’s the point of having the most dollars?

    • CileTheSane@lemmy.ca
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      20 hours ago

      Why would anyone running a company selling ads on websites, or selling goods to consumers, intentionally fuck consumers? It makes no damn sense, and fucks these on-paper billionaires in the long run.

      Because they aren’t intentionally fucking consumers, they’re fucking idiots and that’s too many steps ahead for them to consider the consequences of their actions.

      They don’t like taxes, because taxes reduce their Capitalism High Score. They don’t like oversight because they don’t like being told what to do or spending their Capitalism High Score on unnecessarily things (like making sure people don’t die).
      That’s as far as the thought process goes: “I don’t like paying money, so I’m going to try to make it so I don’t have to pay money.” They are too stupid to consider the consequences beyond that.

      • surph_ninja@lemmy.world
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        20 hours ago

        Seems like the expected outcome of basing the economy on maximizing the next profit quarter without concern for long term consequences.