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by 29083011397778 1987 days ago
I suspect a comment above you spelled it out: corporations value stock price too highly.

When stock price is all that matters, cutting costs wherever they think they can get away with it is the end result (over a long enough period, I'd assume this will always happen as execs cycle through)

As things (engineering, components, design, UX, etc) are cut, customers notice - and switch to brands that they percieve as having cut less. One example of this I'd assume is Apple.

1 comments

That’s an interesting take, but I was making a different point. Corporations will always do what’s necessary to thrive, and what they need to thrive is largely a function of what society demands. If the corporations are taking down their nationalist trappings, then it’s because we no longer demand them. As far as my globalist politics is concerned, that’s good and well.