However, media execs acknowledged that the prices being charged by streaming services were unsustainable, and that a “crash” would follow – where companies would be forced to increase prices or go out of business.
They won’t go out of business… they just won’t double revenue year over year. God forbid your business doesn’t grow. We need endless growth! Unlimited growth, even in a finite world.
That’s what kills me about capitalism. Everything has to be about growth. Nothing can ever be “good enough” or “sustainable”, it must always be improving at a dramatic rate to make those shareholders happy.
The economy is still in a slump and companies are still laying off people left and right, but at least the money they’re taking away from the incomes of dedicated workers are helping shareholders profit.
Absolutely nobody believes you.
They won’t go out of business… they just won’t double revenue year over year. God forbid your business doesn’t grow. We need endless growth! Unlimited growth, even in a finite world.
That’s what kills me about capitalism. Everything has to be about growth. Nothing can ever be “good enough” or “sustainable”, it must always be improving at a dramatic rate to make those shareholders happy.
The economy is still in a slump and companies are still laying off people left and right, but at least the money they’re taking away from the incomes of dedicated workers are helping shareholders profit.