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#publiccorporations

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Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://mastodon.net2o.de/@forthy42" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>forthy42</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@Daojoan" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Daojoan</span></a></span> +1</p><ul><li>That's why <a href="https://infosec.space/tags/PublicCorporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicCorporations</span></a> are a scam!</li></ul><p>One cannot sustain infinite exponential growth (as mandated per law for these firms) on a finite rotational ellipsoid (earth) cuz even if a product is as essential and universally <em>"sellable"</em> as drinking water, at some point everyone has maxed out their ability to <em>"consume MORE"</em>:</p><ul><li>One can only drink as much water every day until they collapse.</li><li>One can only store &amp; stockpile so much water.</li><li>Faucets and water infrastructure only have a limited capacity and flow rate.</li><li>People can only afford to buy so much of it.</li><li>There can only be a finite number of customers.</li><li>There's only a finite amount of drinking water available at any given time.</li><li>There's only a finite amount of area &amp; energy available to setup and operate water treatment plants.</li><li>…</li></ul><p>If someone were to unsarcastically demand a toddler to grow exponentially for the rest of their life, they'd be declared insane on the spot and if they attempted to actually try that they'd hopefully get jailed for child abuse before they could cause any permanent damages.</p><ul><li>Yet in economics we accept that as a legitimate form of running an enterprise.</li></ul><p><a href="https://infosec.space/@kkarhan/114493142633669460" translate="no" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">infosec.space/@kkarhan/1144931</span><span class="invisible">42633669460</span></a></p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://social.labmonkeys.space/users/indigo" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>indigo</span></a></span> I agree...</p><p>Also <a href="https://infosec.space/tags/VCs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VCs</span></a> are inherently <a href="https://infosec.space/tags/unsustainable" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unsustainable</span></a> - just like <a href="https://infosec.space/tags/PublicCorporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicCorporations</span></a>...</p><p>I guess COSS means any FLOSS dependent on a single / very few companies that develop it and keep it maintained.</p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://universeodon.com/@Darkphoenix" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Darkphoenix</span></a></span> in fact, with <a href="https://infosec.space/tags/PublicCorporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicCorporations</span></a> they are legally mandated to maximize profit at all costs or face lawsuits by investors</p>
Kevin Karhan :verified:<p><span class="h-card"><a href="https://hackers.town/@RadicalEdward" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>RadicalEdward</span></a></span> <a href="https://mstdn.social/tags/FUNFACT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FUNFACT</span></a>: <a href="https://mstdn.social/tags/PublicCorporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicCorporations</span></a> - at least in <a href="https://mstdn.social/tags/Germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Germany</span></a> - are by law REQUIRED to maximize profit by all means legally possible or face lawsuits by shareholders &amp; investors...</p><p>Unlike <a href="https://mstdn.social/tags/Cooperatives" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Cooperatives</span></a> <a href="https://mstdn.social/tags/PublicCompanies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicCompanies</span></a> and <a href="https://mstdn.social/tags/Corporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Corporations</span></a> ain't bound to reasonable goals like <a href="https://mstdn.social/tags/Sustainability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Sustainability</span></a>.</p>
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