• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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    4 months ago

    I live under a fully functional social democratic welfare state. But it’s adorable that you think you can assume whatever suits your agenda.

    It’s adorable you think capitalist states are democratic.

    Books have been written about how the earth is actually flat instead of a spherical. That doesn’t mean the content is correct.

    The mechanics here aren’t very difficult to understand. The flat earth analogy is very apt to your denialism of the basic principles of financial capitalism though.

    Truth is, writing headlines about companies that every 5 years put together a solid and safe 20 year plan in accordance to previous estimates and slowly pulling out investments and assets from places where the risk of geopolitical conflict is higher than the norm, just simply doesn’t generate a lot of clicks.

    Truth is that the global capitalist system has crashes roughly once a decade like clockwork. Absolutely hilarious that you think that constitutes a solid and safe plan. 😂

    • Atomic
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      4 months ago

      You have a fantastic ability to not actually answer anything while at the same time just keep throwing pasta at the wall and see what sticks.

      It doesn’t matter what anyone responds with because you will simply say “nuh uh” and move on to the next.

      If you want to actually adress anything. Feel free to do so and we can continue to have a conversation.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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        4 months ago

        I have addressed what you said repeatedly in fact, and even gave you concrete examples. The most hilarious part about this is that you make it clear that you’re utterly clueless on a subject you’re attempting to argue confidently about. Here are just a few obvious factors that lead to an emphasis on short-term planning and decision-making.

        The primary objective of corporations is to maximize shareholder value. This translates into a focus on short-term financial gains, such as quarterly earnings, to keep investors happy and maintain or boost stock prices. In fact, executive compensation packages are often tied to short-term financial performance, incentivizing managers to focus on immediate results rather than long-term sustainability.

        The practice of issuing quarterly earnings reports, while providing transparency, can also reinforce the focus on short-term results. Companies go to great lengths to meet or exceed analysts’ expectations, often at the expense of long-term strategic goals. Likewise, investors, especially those with short-term investment horizons, often expect quick returns and may react negatively to any signs of underperformance, putting pressure on companies to deliver immediate results.

        Furthermore, the competition in capitalist markets pushes companies to prioritize short-term strategies to gain a competitive edge, secure market share, or respond to rivals’ actions. The ability to execute short term strategies comes at the expense of long-term planning. What happens five years down the road isn’t going to matter if the company can’t survive the current year.

        Overall, the pressure to demonstrate quarterly profits and compete effectively is a fundamental aspect of capitalist enterprise, that leads to a short-term focus that’s directly at odds with long-term interests of companies or society as a whole. Hence why nobody with a clue on the subject was surprised by the way companies behaved with regards to Russian market.

        Don’t have to take my word for it though. Here’s an article from the Harvard Law School Forum on Corporate Governance exploring the tension between short-term pressures and long-term value creation in corporate decision-making. https://corpgov.law.harvard.edu/2019/06/20/the-modern-dilemma-balancing-short-and-long-term-business-pressures/

        • Atomic
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          4 months ago

          My man. You are not quite right.

          He didn’t say he was surprised some companies did. He simply states that they should have known better. Which a lot of companies did. For every company that invested in Russia, you have 10 that didn’t.

          But you are so hyperfocused on this “the west” branding.

          There are so many different rules and regulations for different countries in how businesses are allowed to operate and invest.

          And it’s so much more nuanced than just profits and stock value. You plan for decrease as well. Because it will happen. I don’t know what you do for a loving. But I’m in economics. And your description of reality does not fit the large majority of serious enterprises. But yes. You also have those that takes risks. You often hear about them as they fail or post huge losses. The ones that grow by 3-5% in a steady pace over 40 years isn’t as noteworthy to write about.

          But you are so clearly being dishonest and disingenuous on purpose to paint a picture of the global market that doesn’t reflect reality.

          If someone trips over themselves and breaks a leg I’m sure you’d find a way to blame “the west” and “capitalism” for it, followed by a study in how walking accidents increase as availability to sidewalks increase because the capitalistic sidewalk companies are forcing “the west” to build more sidewalks.

          • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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            4 months ago

            But I’m in economics.

            Should really ask for your money back for your degree buddy. You got scammed.

            And your description of reality does not fit the large majority of serious enterprises.

            It very much does, and that’s precisely why we see constant crashes within the capitalist system.

            But you are so clearly being dishonest and disingenuous on purpose to paint a picture of the global market that doesn’t reflect reality.

            You are so clearly projecting here, it’s not even funny.

            • Atomic
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              4 months ago

              What money back? I told you i live in a social democratic welfare state. Education is free for all citizens. But I’m sure you have a degree in economics and know better. Right?

              We see different crashes in different sectors, in different countries for reasons so much more complex than i can explain to you here. You’re talking full on course material. Not that you would care to listen anyway.

              So which one are you referring to exactly? Which country to start with. There is not one singular capitalistic system that encompasses them all. Reality is more nuanced than that.

              This is proof of how you are being dishonest when you keep referring to “the west” and “the capitalist system”. You’ve been on lemmy preaching this stuff for how long exactly?

              You are so clearly projecting here, it’s not even funny.

              And that is another fantastic “nuh uh. You are!” What a response.

              • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                4 months ago

                I told you i live in a social democratic welfare state. Education is free for all citizens. But I’m sure you have a degree in economics and know better. Right?

                I know plenty of people with degrees in my industry who can’t tell their head from their ass. Having a degree doesn’t mean you actually understand what you’re talking about, and the fact that you can’t make a coherent point here is proof of that.

                We see different crashes in different sectors, in different countries for reasons so much more complex than i can explain to you here. You’re talking full on course material. Not that you would care to listen anyway.

                The specific reasons for each crash are different, however we’re discussing underlying mechanics that lead to these crashes happening on regular basis. If you actually learned anything when you earned your degree, then you’d understand that. You might want to think about why China hasn’t been experiencing such crashes over the past decades.

                This is proof of how you are being dishonest when you keep referring to “the west” and “the capitalist system”. You’ve been on lemmy preaching this stuff for how long exactly?

                The proof is that you haven’t actually managed to make a coherent argument here. I gave you detailed examples of the mechanics that create short term thinking within capitalism. You just ignored that and keep repeating nonsense smugly.

                And that is another fantastic “nuh uh. You are!” What a response.

                🤡

                • Atomic
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                  4 months ago

                  Yeah you have not interest in anything that has to do with reason.

                  Underlying mechanics. Such as what exactly? What underlying mechanic are you referring to that is the same everywhere? You want so badly to dumb it down to a level you can understand but it’s just not that simple.

                  You’re trying to derive a problem without considering that you might just have more than 1 root.

                  And I’ve explained to you the mechanic of “short term investing to maximize profits” are just buzzwords you use. Like a child saying words they hear on TV without understanding their meaning.

                  Can you for once actually be specific? What industry? What country?

                  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                    4 months ago

                    I see you have problems with reading comprehension, which explains a lot about the way you attempt to argue with people. Here’s an article that you won’t bother reading with lots of specific examples, focusing on the US, but applicable to all countries under financial capitalist regimes.

                    https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/

                    It’s hilarious how you keep screeching for detailed and specific examples while you’ve already ignored detailed explanations you were provided. You haven’t made any actual argument here, no counterpoints, and just keep bleating how you “live in a social democratic welfare state”, which is what using buzzwords in place of an argument actually looks like.

                    You’re utterly clueless, and you’re not fooling anybody here.