I’m pretty sure corpos have taken this into account a long time ago. And came up with some model that still ensures maximum exploitation AND maximum profit.
IMO I don’t think they’ve worked the model beyond “this still works for the next quarter”. IE it’s mainly betting on, other companies paying enough that their workers can buy their products. But of course if their methods are working those companies will be less profitable and thus either go out of business or be aquired.
or perhaps the government assisting the people with food stamps etc… which of course they are voting to cut to give themselves bigger tax cuts.
The only possible way this has any long term capacity is if this is a short term game that they intend to massively change when they hit a certain point and all competition is completely out of the market. IE all industries move into a seperate monopoly, and then just become their own government.
I don’t think they are really thinking that far ahead though. economy works on short term numbers, and they are just doing what’s best for them until the next quarter, without considering that 5 years down the line they could be destroying themselves.
I’m pretty sure corpos have taken this into account a long time ago. And came up with some model that still ensures maximum exploitation AND maximum profit.
Could it be supply and demand curves?
Perdonal debt.
IMO I don’t think they’ve worked the model beyond “this still works for the next quarter”. IE it’s mainly betting on, other companies paying enough that their workers can buy their products. But of course if their methods are working those companies will be less profitable and thus either go out of business or be aquired.
or perhaps the government assisting the people with food stamps etc… which of course they are voting to cut to give themselves bigger tax cuts.
The only possible way this has any long term capacity is if this is a short term game that they intend to massively change when they hit a certain point and all competition is completely out of the market. IE all industries move into a seperate monopoly, and then just become their own government.
I don’t think they are really thinking that far ahead though. economy works on short term numbers, and they are just doing what’s best for them until the next quarter, without considering that 5 years down the line they could be destroying themselves.
You’re giving them far too much credit for thinking ahead.