this post was submitted on 17 Jun 2023
1230 points (98.2% liked)
Lemmy.World Announcements
29095 readers
301 users here now
This Community is intended for posts about the Lemmy.world server by the admins.
Follow us for server news 🐘
Outages 🔥
https://status.lemmy.world/
For support with issues at Lemmy.world, go to the Lemmy.world Support community.
Support e-mail
Any support requests are best sent to info@lemmy.world e-mail.
Report contact
- DM https://lemmy.world/u/lwreport
- Email report@lemmy.world (PGP Supported)
Donations 💗
If you would like to make a donation to support the cost of running this platform, please do so at the following donation URLs.
If you can, please use / switch to Ko-Fi, it has the lowest fees for us
Join the team
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Too bad the article author does not put this into context with counter-arguments. "Your cost" saying that's the cost is a wild claim. They supposedly set an arbitrary, high price.
I'm not so sure every shareholder is necessarily looking primarily or only at money return. It's equally probable a shareholder may be a shareholder to support the platform - even if it operates at a loss - because it's a good or important platform.
Capitalism unfortunately does not care about the investors there to support the platform. When 80% of stocks are held by the richest 10%, the market moves according to their desires. Money, money, and more money.