“The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance of ‘Barbie’ as well as incremental impact from strike-related factors,” the entertainment giant says in a regulatory filing.
Why is the world topsy turvy? And why do we allow it?
Humans are good at compartmentalizing. The same father that shouts at a ref over a bad call in a tee ball game will happily support industries that will give his child cancer as long as he doesn’t have to think too hard about it.
Profit is amoral. If we want a fair and just society, we must ignore profit motives and accept the cost of being civilized. The capitalist will demonize unions and taxes and regulation, because those things cost the capitalist profit. And the capitalist is right, those things are the enemy.
Unfortunately, the capitalist has also convinced everyone else that we’re supposed to be on his side. The capitalist is not on our side.
Listen to meatbridge friends. Don’t turn away from the truth.
there’s an old saying : “buy real estate when there’s blood on the street”. consider this for a while.
But what happens when banks won’t underwrite property insurance because of climate disasters?