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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Unfortunately, that just isn't true. The board of directors have a legal fiduciary responsibility to the share holders. And they hire or fire the ceo. If they don't chase that virtual pennies, the shareholder can, and do sue them.
And as I said, if they don't do things that at least make it appear they are attempting to increase profits, shareholder will sell, and they will go out of business.
It's a race to the bottom. And the system is to blame. The system has rewarded people who enshitify products, and thus it has shapped who gets hired to make those decisions.
It's because those shareholders are captive to that same narrative. These practices do carry a real cost, but executives have made themselves blind to it. There are people who's job it is to judge the value of customer satisfaction and loyalty and to measure it against the cost of providing good service, and they think the former is less valuable than the latter. My premise is these people are not doing their job well.
This view of the purpose of a company, to ruthlessly extract every cent of value from a company or else face the wrath of shareholders, it's a fairly recent view. Shareholders selling doesn't cause a company to go out of business, failing at that business does. Stock price falling is a different issue, it matters because company success has come to mean the success of its shares more than the amount of customer goodwill. But that matters.
I sense though that we really aren't on different sides. I wouldn't say you're absolutely wrong, nor that I'm absolutely right. We both have profound dissatisfaction with this world that all these rapacious companies have build around us. The next generation of business people, if we're privileged to even have one, will have to figure out some things for themselves all over again.