Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes...
by jquery on Thursday October 22, 2020 @02:22PM
(#24861392)
You’re (edit: sorry, GP was) espousing the broken windows theory, though. Corporations already have a natural incentive to re-invest in themselves when it’s a profitable decision to do so.
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Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes...
by munk-a on Thursday October 22, 2020 @02:32PM
(#24861533)
I don't think so because the corporation isn't a person and no one actually has the corporation's best interests at heart. Everyone is invested or labour for the venture for money - some idealists may want to build a great thing - but those will be far in the minority compared to those that want to sell a great thing.
Reinvestment in a corporation is only naturally incentivized when that strategy appears to give the biggest RoI and not all money uninvested from markets, companies etc. will necessarily be reinvested in another venture.