this post was submitted on 06 Sep 2023
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[–] Shadywack@lemmy.world 3 points 1 year ago (1 children)

You're splitting hairs about what people call growth when the term is used most commonly to refer to the ROI and the issue with sustainable business. A perfectly sustainable business is viewed unfavorably if it doesn't generate increased revenue beyond inflation. I.e. a company makes a revenue jump but no "new profits", it gets sandbagged.

The coop business model says "profits" get returned to member/owners as capital credits. Everyone employed can still do really well, members get value for their money, and investors can go fuck themselves.

We need more co-ops.

[–] SCB@lemmy.world 1 points 1 year ago

All* businesses that don't make money are viewed unfavorably because they aren't succeeding.

*Except, ironically, businesses buoyed by investment capital