this post was submitted on 10 Dec 2024
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Late Stage Capitalism

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[–] timestatic 1 points 4 days ago

Its not like they're hoarding it on their bank account. And ones the stocks of my company fall my 100 mio might not be worth anything or like just a part of it. And still... who would buy the company thats over these assets, and how should the company increase productivity which is in public interest if it does not have a stable ownership situation and it keeps changing due to the cap.

Just because a company is valued like 3 trillion like nvidia you couldn't just cash out just like that. Money doesn't just spawn and the productivity doesn't just go up. I don't necessarily want an infinitely sized company but if a company value keeps rising it indicates rising productivity and success which is good for society. A company doesn't need to make profit to be valued at a certain mark.