Re:The Lifespan of Large Appliances Is Shrinking
by euroderf on Friday February 23, 2024 @09:13AM
(#39480787)
"Financialization" means vampire capitalism.
Case in point: Greyhound. Asset stripping (real estate). Slow death of service.
Find a lever for extracting cash. Lean on it. Pry out cash til there's only a husk. Rinse. Repeat.
"Private equity" - bah humbug.
Which is why the returns ("financialization") are so important, higher returns means you get a higher portion of the goods and services. But since returns are just money, it does not mean the sum total of goods and services increases, just the proportion that you get is proportional to the return you get relative to others. And you can replace "you" in this statement with "x tribe" whether it be generational, political, racial, etc.