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cletus | 1 year ago
Paying out dividends and doing share buybacks just strips the company for cash until there's nothing of value left. It's why entshittification is a thing.
cletus | 1 year ago
Paying out dividends and doing share buybacks just strips the company for cash until there's nothing of value left. It's why entshittification is a thing.
marcosdumay|1 year ago
That is, unless they use the extra capital to buy legally-enforced monopolies, or bribe regulators out of their way.
And no, enshitification is a thing because people want those companies to grow and grow, and keep growing. Some times even after they have the majority of humanity as customers.