YSK: a private company is more worth to recieve your money…
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YSK: a private company is more worth to recieve your money
Public companies (traded on stock exchanges) are driving enshittification much harder. They are more prone to pull out money out of the company instead of investing it in lower prices, product research or better wages. An easy example is McDonalds selling a lot of their assets and instead of raising wages they payed several billions in dividends. In-n-out is private and they didn't increase their prices as much they pay better and they have better product quality. All that extra money of McDonalds by not paying for those things is just seeping into the shareholders and managers.
Why YSK:
There is almost always a private company that offers a similar product. It is the consumers choice.
#education
Public companies (traded on stock exchanges) are driving enshittification much harder. They are more prone to pull out money out of the company instead of investing it in lower prices, product research or better wages. An easy example is McDonalds selling a lot of their assets and instead of raising wages they payed several billions in dividends. In-n-out is private and they didn't increase their prices as much they pay better and they have better product quality. All that extra money of McDonalds by not paying for those things is just seeping into the shareholders and managers.
Why YSK:
There is almost always a private company that offers a similar product. It is the consumers choice.
#education
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