this post was submitted on 19 Oct 2023
63 points (100.0% liked)
Technology
37754 readers
292 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I’d really love to see some better propositions for quantifying value that’s better than straight up corporate profit. I’m with you a 100%, just looking for the path to get there.
Imo it's not so much that corporate profit is the problem, it's how corporate profit is allowed to happen. Make stock buybacks illegal again, revert tax law to a point where dividends are a better way to profit than endlessly increasing share price, and force all businesses to be some form of business cooperative.
It's not a perfect answer, I don't think a perfect one actually exists, but it plugs most of the biggest holes we have right now