03-21-2021, 04:46 PM
(03-21-2021, 01:10 PM)danbrotherston Wrote:(03-21-2021, 11:23 AM)ijmorlan Wrote: So my question is, why are these super profit seekers still in the newspaper business if it isn’t profitable enough for them? Find some other business to manage to death.
"find some other business to manage to death"...
This is literally how they ended up managing newspapers.
Ultimately, this is why we have such a backlash against capitalism. While it is not all capitalism (small businesses like you describe are still part of capitalism), it is creating significant hate of capitalism.
They can still do the USA Toys R Us play where they borrow money and then go bankrupt...