• @Sanctus
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    22 months ago

    Yeah the issue is the profit motive encompasses all industries and forces them to a race to the bottom. Innovation is eaten alive for profits, nothing goes back into the company, and the shareholders reign supreme. This is simply an example of what capitalism does to journalism, nothing more.

    • @WraithGear
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      22 months ago

      I’m not sure why we need share holders at all. Not sure what function they serve. A business can remain active without the stock market if they produce value. They could innovate and not necessarily be wholly motivated by profit above all else.

      • @Sanctus
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        22 months ago

        They used to