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Literally Cancer (lemmy.ml)

submitted 7 months ago by yogthos@lemmy.ml to c/socialism@lemmy.ml

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[–] rah@feddit.uk 0 points 7 months ago* (last edited 7 months ago) (1 children)

whatever number we made last year + X% is our goals for this year and if we don't make that growth then it's considered a failure and now we have to lay people off

This isn't capitalism.

it's definitely a trait of modern capitalists

Traits of particular capitalists are not what constitutes capitalism.

[–] pacmondo@sh.itjust.works 6 points 7 months ago

If it isn't capitalism then I would argue it's a direct consequence of the incentives it sets up. When a venture is primarily owned by investors whose only interest in it is a return on investment, sooner rather than later, it sort of sets up exactly what I described does it not?

Maybe the words I should have used were "unfettered capitalism"?