this post was submitted on 25 Sep 2023
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Exactly, the average company lasts around 15 to 20 years. Even very big companies are hovering at around 25 (with a tendency to go down).
Yeah, they really did have a good run worthy of being proud of. I think a lot of people subconsciously think the businesses they see every day will be around forever, forgetting that nothing lasts forever. Least of all an entity whose driving goal is just to make money by any means possible for an aimless mob of shareholders headed by sociopathic elites. Any means possible isn't how you build the foundation of something that lasts decades or longer like this business.
What's really funny to me is how the same people who scream about survival of the fittest in capitalism are the first to approve of corporate bailouts. I'm starting to call it corporate socialism to see if it makes them hate bailouts due to the dreaded "s" word.