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by ummonk 2874 days ago
That's wrong. A company's goal is to provide a worthwhile good or service. It does this effectively by generating profits that can be reinvested into growing its services or goods. And when it can no longer efficiently reinvest its profits to providing a better service or good, it instead returns the profits to shareholders so that they may reinvest those profits into companies that can better utilize the capital to provide useful goods or services.