Razada said:
If they stopped reaching for more profits, their shares will suffer
If they did not try and kill the used game market, their shares will suffer
If they do not take a hard line against piracy, their shares will suffer
If they do not listen to the shareholders who make stupid decisions, their shares will suffer.
If you believe in capitalism you need to believe in all of the above. The system demands they get bigger and better and if they don't consistently get bigger and better, they will suffer and start firing people to make sure their profit margins keep going up to make people happy.
That is all, really.
Not really, what your talking about is the corperate mentality.
At it's basic level capitalism is about owning your own property, and being able to seek a personal profit through competition. As opposed to the state owning all the property on a fundemental level, or being able to seek only the profit of the community rather than any kind of personal gain. This is again a very simplistic run down.
I agree with that in principle, but the issue is with a few greedy arseholes ruining things for everyone else. It's the differance between say eating a lavish meal, and buying a bunch of food and leaving it to rot because you can, or say killing in self defense or for an ideal (like the defense of a nation) and engaging in recreational mass murder. Something that is okay on a basic level is no longer okay when taken to excessive extremes.
Of course when dealing with things like capitalism there is no easy solution to the problems, which is why they haven't been solved. After all how does one impose reasonable limits without ultimatly creating something akin to a socialist state? The lack of an easy solution is why nobody has implemented one. Every system has it's weaknesses, and while I support Capitalism as the best social theory going, it DOES have it's weaknesses and the excesses of merchant-lords (today known as Corperate CEOS and the like) are one of them.
I have no real problem with calling people and situations like this out, and do think more effort needs to be spent striving for some compromise that can preserve the idea of the system without allowing this kind of ridiculous excess. Indeed I think it's the excess of a relative handful of greedy people and organizations that are seriously strangling the civilized western world and leading to a lot of these economic problems. In the end when you have more money than you or your kids could ever reasonably spend, why the F@ck do you need more? For a lot of the people on top it's not about needing the money, but a sort of game to see how big they can get. What's more the people at that level kind of need to invent things for themselves to buy, because there really isn't anything to do with those huge piles of money except watch them get bigger.
At any rate, this is going beyond the scope of the gaming industry because it's not on that level yet. Generally speaking I see the high-end of the problem represented by things like Citigroup (look it up). That doesn't mean that I approve of the exploitive mentality, and at the end of the day once they are making a solid profit there is no reason to need constant growth. The gaming industry is a multi-billion dollar institution and there is no real need for it to gouge and get bigger, other than as you point out, a bunch of corpeate types who have huge piles of money wanting more money that they really don't have any use for at that level... is the gaming industry Citigroup? Not yet, but it is operating under that same kind of exploitive mentality, and I have no problem calling them on it.