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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • The modern take on stock investment is to not give dividends, so the only way for shareholders to make money is to have the company grow indefinitely.

    Obviously a capitalist won’t tell you that. My economy professor kept insisting that efficiency is always positive because it only concerns making a bigger cake, so there is more cake to be divided among the people involved, which he called surplus. In reality greater efficiency has a cost, and the cost is paid by people, while other people pockets the surplus. Fuck capitalists.