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thenamelessone7 t1_j25v1vq wrote

Just to get on the same page: getting record nominal profits means diddly squat if they didn't retain their profit margin.

So I would not be so quick to pass a universal judgement on all businesses.

Also, corporations have no soul or moral compass but their ultimate owners are investors / people and feel free to appeal to them to share their dividends with poor people half way around the globe.


Evipicc t1_j2639pj wrote

Yeah if that 'giving their dividends to the poor' was actually happening I'd be willing to accept that as a point of counter-argument.

The point of nominal profits vs growing margins is minutely valid, but the fact remains that, despite risen costs, these companies (which are responsible for food security across a great majority of the planet) are generally maintaining their same margins despite the harm it does to many.

You're right, corporations have no soul or morals, so it's almost like they shouldn't have such universal power to doom millions to food insecurity on a fucking whim.