1309
Corporate Greed (lemmy.zip)
submitted 4 months ago by balderdash9@lemmy.zip to c/memes@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] intensely_human@lemm.ee 63 points 4 months ago

I like this because it references the concept of greed correctly.

Greed is when self interest gets irrational. Greed doesn’t maximize one’s own profit; greed maximizes one’s own profit today.

Real long term self interest means serving others consistently to create those healthy relationships that in turn serve oneself.

Greed is killing the goose that lays the golden eggs.

[-] ZarkleFarkle@sh.itjust.works 14 points 4 months ago
[-] jaemo@sh.itjust.works 3 points 4 months ago

Acquisition Rule.

[-] AngryCommieKender@lemmy.world 3 points 4 months ago

Rule of Acquisition #10. Greed is eternal.

[-] rbn@sopuli.xyz 12 points 4 months ago

Unless there's (close to) a monopoly or all players in the market are acting accordingly. For products where simply not buying it anymore is not really a viable option, that greedy approach works out quite fine unfortunately.

[-] OpenPassageways@lemmy.zip 5 points 4 months ago

It has been working out fine for the greedy so far, but is that really sustainable in the long term? At some point if greed isn't checked, there WILL be violence.

[-] rbn@sopuli.xyz 2 points 4 months ago

Unless the greedy ones are also those with the biggest army and most effective weapons.

[-] intensely_human@lemm.ee 4 points 4 months ago

Being the most powerful player isn’t sufficient to prevent opposition. A pufferfish is less powerful than a shark, but the shark still has to respect the pufferfish because the pufferfish can hurt the shark even as it dies.

[-] CheeseNoodle@lemmy.world 2 points 4 months ago

Even then we're starting to a see a situation where people just don't have money and end up not buying things even if they need them.

[-] AgentOrangesicle@lemmy.world 3 points 4 months ago

Difficult when you're in the R&D department and you know that cost-cutting measures are the primary directive, but you still have to do your job in spite of the harm it could cause. I've met a lot of people with burnout in the food industry. I'm one of them.

this post was submitted on 30 Jul 2024
1309 points (99.2% liked)

memes

10408 readers
2840 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

Sister communities

founded 1 year ago
MODERATORS