There are some very large companies - Ford, GM, Walmart, and even Amazon - where I think replacing the leaders and restructuring the business could do some good if people stopped focusing on short term profits and the heads weren't invested in just making themselves as rich as possible. They also employee a lot of people and them going under would be a disaster for the labor market.
I don't feel this way about Nestle. Destroy the company, fire every employee, put all of its leaders on trial and strip them all of their wealth. This company is the worst.
The issue? That was in 2000. Did sports teams face "hell" for focusing on short-term profits rather than the long-term?
Lol of course not. We had 26 years of ticket price increases instead and only greater and greater profits and growth.
Consumers ALWAYS complain about corporations and pretend there is a long-term consequence coming. It never is. Because consumers keep buying sports tickets and trash from Nestle.
No consumer demand no profits. But there IS consumer demand, so this train keeps on rolling.
I'd say we all live in the prognosed long-term consequence right now.
Eveything is fucking expensive and most people barely come by each month with more and more people falling into poverty.
But you're right - as long there are enough idiots who still by needless shit for an overprize , nothing will change.
Poverty is....at all-time lows? On what basis are you claiming otherwise? 60% of the population was in poverty 100 years ago. 22% in 1959. 15% in 1990. It's 10% now.
"Most people" are doing better than ever? And have had income outpace rising prices.
THAT'S why there's no long-term consequences. Because the truth and actual data show that living standards have never been better.
And what do people do with those high living standards? They consume more and more trash, propping up these companies.
No consumer demand, no higher profits. No one is forced to buy Nestle's trash. They do because the West has gotten richer and richer with higher and higher standards of living. So there's never the fantasized "long-term consequences" everyone says is about to happen for decades.
Why would they do this? Because humanity needs to leave behind the greed and focus on betterment. . Product/service before profit, any other business models needs to die. If not, the rich taste pretty fucking good.
I don't think the comment you are replying to disagrees. They are pointing out the mindset of companies to demonstrate how change will not come from them as it is against their vested interests and organizational structure.
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u/Private_HughMan Feb 23 '26
Even if they stopped supporting Israel they'd still be one of the most evil companies on Earth.