• geissi@feddit.de
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    11 months ago

    it’s not incentivised to care about collective sustainability.

    Not only collective. Most companies don’t even care about their own sustainability.
    CEOs working there for some years try to inflate short term ‘shareholder value’ to maximize their bonuses.
    The shareholders no longer see themselves as owners who collect dividends but as investors who can just sell their stocks if the price increases.
    What happens to the company 5 or 10 years down the road doesn’t matter.

    • teft@lemmy.world
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      11 months ago

      The problem is greed, period.

      People want more than what they have and will do anything to get it including burning down the house around them. The attitude is everywhere in modern society and its a serious problem.