• Duamerthrax@lemmy.world
    link
    fedilink
    English
    arrow-up
    24
    arrow-down
    1
    ·
    13 days ago

    Privately owned at least means they aren’t slaves to their quarterly reports. Every time a company goes public, they’re subject to the delusion of infinite growth in a finite system.

    • ✺roguetrick✺@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      13 days ago

      Really depends on the ownership structure. Backbiting private boards composed of kids and grandkids of founders that are just trying to claw as much out of their inheritance as possible are just as toxic. Coops are about the only thing I can respect.