Dunno if anyone agrees with this but I think a lot of our problems arise from the culture of needing to increase profits every year.
Once a company reaches a certain point I cant see the logic in pushing for more profit at the expense of the integrity of the company itself.
Take Telstra, no service, less employees just to increase profit.
Voice recognition software to save the cost of employing people ???
Trams - Trains - now privatized - less service, less maintenance, more delays, less staff for security and supervision.
Utilities, gas water electricity all privatised same scenario, less service, less reliability.
People are sacrificed for profit, sacked for profit, this leads to a soulless shell of a company, that does what ? Trim more to make more profit.
Banks, you cant speak to anyone anymore just a call routing system infuriating auto service.
The whole thing is based around creating wealth for shareholders and to hell with the employees that made the company in the first place.
The spiral for more profit must be stopped at reasonable HUMAN levels, then shareholders will get steady returns, if they want growth get a tattslotto ticket or a different stock thats in a growth faze
I'm fed up with this system it sux and I hope it crashes heavily.