Capitalism has to end somewhere, its just making life worse and we need to accept that
I am a capitalist myself but we have a problem that i've seen affect humanity all around the world. Stock prices, earnings, profits and revenues can't keep going up forever and ever.
Even a 10% drop in profits doesn't mean a company is dying especially when its a company thats basically already saturated with billions in revenue over the past couple decades. I see people throwing this judgement at Netflix, Disney, FMCG and social media companies all the time.
I don't know why people don't realize that every company can't increase its user base forever and a drop over a couple quarters is not the end of the company. This might've seemed like a reasonable belief in the 80s/90s when the world was barley connected but now other than some parts of Africa, China and North Korea, there is no more meaningful expansion to be had and no one wants to admit it and they keep pretending like its the past where continuously growing means a better company.
If you aren't inventing something new like AI, AGI/ASI, groundbreaking cures for diseases or spaceflight there is simply nowhere else to expand to without making your company worse.
Instagram, Facebook, Apple are perfect examples of this phenomena in play, simply making their products worse to squeeze as much as they can until it starts damaging them. I hate to go on this tangent but vaccine companies lobbying government officials to mandate boosters and other ridiculous measures involving their products is another example of this. For Mordena, J&J and the others, 2020/2021 was a unicorn year and their shareholders should accept that, any attempt to recreate and beat those years is simply foolish at this point and their attempts to do so is just making life worse for everyone.
This is why a lot of the services we used to enjoy are getting worse. From shittier and less variety of food in beloved restaurants, to worse cars that barely innovate anything, to shittier video games that no one wants to play, to shittier streaming services with even less variety than they had last fiscal year, to disgruntled employees because no one wants to pay them a living wage, all because senior company management fear their bottom line might be slightly worse if they improved any of their offerings and the market will descend on them and eat them alive.
I don't know where I am going with this but it has been a frustration of mine for a while now and I wish more people acknowledged it.