The whole system is fucked because of constant hunt for quarterly and annual PROFITS. It’s impossible for a corporation to hit unlimited GROWTH, doesn’t matter what the company is, which is why Capitalism needs to be tweaked, it’s EXTREMELY FLAWED.
If we fixed this, everything would fall into place.
A company’s payout to employees and executives should always be by percentages. CEO makes lets say 10% no matter what, other executives have a separate pool of 30% while employees get paid out of a pool of lets say 60% of the earnings for that quarter. As the company grows, so does everyone else. (I pulled the numbers out of my ass but hope you catch my drift)
Of course no one will ever do anything like this because everyone is a greedy fuck and doesn’t give a shit about their own employees. But this would incentivize employees to work harder collectively so they can earn more per quarter. Pay shouldn’t be stagnant, ever, it should always be tied to profits. Company does BADLY this quarter, employees suffer, does GREAT, employees get their pay and it’s not considered a BONUS, it’s literally just what the company is making.
Anyone that argues against a concept like this is literally just greedy in my opinion.