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2026-03-13 02:23:10 UTC
in reply to

Cory Doctorow on Nostr: Growing companies *need* to keep growing, but not because they have "the ideology of ...

Growing companies *need* to keep growing, but not because they have "the ideology of a tumor." Growing companies' imperative to keep growing isn't ideological at all - it's material. Growth companies' stock trade at a high multiple of their "price to earnings ratio" (PE ratio), which means that they can use their stock like money when buying other companies and hiring key employees.

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