• lurch (he/him)@sh.itjust.works
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        15 hours ago

        are they tho? maybe for a quick buck. there are lots of factors. for example, unemployed ppl can consume less and pay less taxes, which is bad for the economy as a whole and can devalue the invesrments in all companies of a region.

        • partial_accumen@lemmy.world
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          15 hours ago

          are they tho? maybe for a quick buck.

          Sustainable business is far less profitable than maximizing profits. The billionaires’ goal is self enrichment irrespective of the impact to others. This is why they’re not pressing the “small profits, sustainable business button”.

          there are lots of factors. for example, unemployed ppl can consume less and pay less taxes, which is bad for the economy as a whole and can devalue the invesrments in all companies of a region.

          Why does a billionaire care about the holistic outcome when there is enough inside their zero sum game for them to still benefit the most?

        • partial_accumen@lemmy.world
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          17 hours ago

          Effectively no button to a button presser that is only interested in maximum possible profit (which is the billionaire perspective), but the button absolutely exists and they choose not to press it.