this post was submitted on 01 Mar 2025
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[–] darkmoon_au@lemm.ee 24 points 1 day ago* (last edited 1 day ago) (2 children)

Agree so much with this perspective. I'll never forget idly watching some financial section on the news with the newscaster, ashen faced, reporting that growth in some industry had slowed, as though someone had died.

Then I thought about it... So wait, it's still profitable, and that profit is even still increasing, but the rate of increase is slowing!?

People are still going to work, product is being made, profits still reaped, but the greedy ambitions of those at the top aren't being completely fulfilled!??

Well bless my blessing heart... What a crock of shit.

[–] poopkins@lemmy.world 5 points 1 day ago

This is just like a stock crashing because the quarterly profits did not exceed the very high growth expectations more than a lot, they only exceeded a little.

And also, new technology is still being developed

So it's not even that all progress has stopped, things are still moving forwards