I'm a capitalist but gov need to regulate big business, but are too much of a pussy to do so. The idea of stock growth being the most important thing for a business above even profitability is just crazy and is behind shit like the GAAS push in games, or every media company having a streaming service, doesn't matter if they lose money, just matters the stock prices go up.
Then got companies that fuck the public over, but government then bail out, such banks in 2008 or if you are in the UK what is looking to happen to the privatised water companies. Never talk about letting them go under, it's unthinkable, what is even more unthinkable is the government taking control or shares within the businesses to make up for the public money used to bail them out. And the companies never have a reason to change, because Gov will just bail them out again.
I understand the need for companies to expand, but so much of it is done by taking over companies in the same field, rather than a organic growth or expanding into different areas. This has lead to 10 companies controlling most of the food products you buy from, which is very much against the public interest.
Then you got companies that never pay their fair share of taxes, I get it is their best interest to pay least amount of taxes they can, but one of the governments jobs should be closing down the loopholes that allow them to. On the topic, these companies fund and control so much of the government with donations to political campaigns, because most politicians are whores who will do anything to be in power.
One last thing, the whole cost of living crisis has made prices go up, but they have went up for more than they should have, and if you look into these companies, they are reporting higher profits. Energy companies report record profits in the UK, the public push to have a windfall tax on them, gov says no, and people forget all about how they are getting fucked over.
