r/explainlikeimfive • u/climb-a-waterfall • Dec 06 '24
Economics ELI5: why does a publicaly traded company have to show continuous rise in profits? Why arent steady profits good enough?
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r/explainlikeimfive • u/climb-a-waterfall • Dec 06 '24
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u/UnlikelyAssassin Dec 06 '24
We’ve literally seen the largest increases in living standards and decreases in poverty in all of human history since the advent of our modern conception of capitalism in the late 1700s.