this post was submitted on 29 Nov 2025
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Yeah that's the "not rational" part. Still though, shareholder value increase is the capital accumulation. It's the strongest value to use for this even though it's obviously messy and not rational. The capitalist system is not rational. Calculating within 1 year is less reliable than calculating within 10, which is more of a longterm investor timeline. Even if a bubble lasts 10 years it's still the value that the investors have extracted from the work of the employees. It's not a rational value, but it's still the value the employees have produced for the company owners in an entirely irrational system.