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Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business' (www.pcgamer.com)
submitted 2 years ago by to c/gaming@lemmy.ml
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[–] 4 points 2 years ago (1 child)

No. Modern capitalism is about increasing value for shareholders. Customers, quality, morality, etc. aren’t relevant.

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  • [–] 1 point 2 years ago

    Profit, selling games, and maximizing value for shareholders are all fully correlated, to the point of being the same thing at different stages of the process.

    Modern capitalism moves away from all three by focusing instead on current-quarter profit.

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