1209
Apple jacks prices to juice profits because $19.3B a quarter isn't enough
(www.theregister.com)
this post was submitted on 26 Oct 2023
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These are just AI ramblings. But for the sake of the argument I don't think the stock market requires infinite growth per se. Shareholders could just as well be happy with the dividend payout. Say you gave your apple farmer 20 units of wood to build a fence and storage, and in return he gives you an X amount of apples per fiscal quarter.
But this is hypothetical and in the capitalist system we enjoy you are right of course.
Though I will say that we could definitely regulate more. I would always be more inclined to put my faith in a regulatory body than the powers of the free market.