• IronBird@lemmy.world
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    1 day ago

    imo part of CDP’s success (far as shareholder acceptance goes), is that the majority of their shareholders are probably european/polish.

    at the most basic level, when everyone is acting in good-faith, the shareholder system is just hyper-democracy. if your majority shareholders arent short-term thinking greedy fucks companies can go quite far on the system.

    the problem in the US is that…well, you know that george carlin joke about how US politicians being short-sighted greedy ratfucks isnt some anomaly, it’s the natural consequence of a system built by and around a bunch of other short-sighted greedy ratfucks? that’s basically the problem with US-capitalism too.

    Even the japanese, who have taken hyper-capitalism/consumerism to much greater heights than america, atleast think on time-scales greater than a single quarter/year/life. they care about the country/people as a whole…you can’t say the same for the majority of american capitalists