Earlier quoted context omitted.
Longevity, happiness, health, leisure, life satisfaction. Companies are there to make these possible, not to maximise the stock trading price. Some achieve that by making EUV lithography machines, others do chemicals or pharmaceuticals. Are you aware that you can use the developer tools in your browser to set the price of the stock or your bank account balance to anything you like? You don't have to crumble your infr…
> Longevity, happiness, health, leisure, life satisfaction. Companies are there to make these possible, not to maximise the stock trading price. No? This is exactly the opposite of why companies exist, they are specifically there to increase the stock price via development of their products. That we get better happiness via rising wealth standards is just a coincidence, albeit a very useful and historically true coin…
I wouldn't obsess too much with the GDP too, its not as good as a proxy to the important stuff as people are trying to make it. An appendicitis surgery generates much more economic activity in USA than in Europe and Americans don't end with better appendixes.