this post was submitted on 16 Feb 2024
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Entire economic sectors are eating themselves in their need for infinite growth/metastasis on a finite world, having no sizable unexploited markets and having conquered the board (and also setting that board we all rely on from one breath to the next on fire) with their capitalist grift, crippling those sector's ability to even provide the goods and services they existed to provide in the first place in the process.
The capitalists know they're running out of road, which is why they're destroying their own machines and laying off their own talent for short term stock bumps.
“ Since David Zaslav has no awareness of culture past whatever is happening in the 90-Day Finance universe” aptly captures this. I have a hypothesis that these fuckers have been seeing lines and graphs for so long that they have forgotten that there is more to entertainment and even business than these charts. Essentially, I am reasonably sure that in pursuit of ever increasing share prices they have even forgotten what businesses were all about. They were about providing value to the consumers, not the shareholders. When they provide value to consumers, they generate profits, which is what shareholders get for their investment. Now shareholders get value for their investments, while we consumers get shit like Suicide Squad game or She-Hulk or whatever crap they can create.