this post was submitted on 30 Mar 2024
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Run your own business. It'll change your view. You seem to be narrowly talking about public companies in the stock market who have pressure to increase their stock price. That's not your local restaurant or auto repair shop.
I'm sure the people running businesses when Wal-mart came into their town and pushed them out have a better understanding than I do.
Those small local businesses may not be growth-driven, but they still have to compete against companies that are. And the odds are very often stacked against those small businesses, though some of them are able to successfully carve out a niche.