this post was submitted on 14 Sep 2025
30 points (100.0% liked)

No Stupid Questions

3298 readers
104 users here now

There is no such thing as a Stupid Question!

Don't be embarrassed of your curiosity; everyone has questions that they may feel uncomfortable asking certain people, so this place gives you a nice area not to be judged about asking it. Everyone here is willing to help.


Reminder that the rules for lemmy.ca still apply!


Thanks for reading all of this, even if you didn't read all of this, and your eye started somewhere else, have a watermelon slice ๐Ÿ‰.


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] rudyharrelson@lemmy.radio 7 points 5 hours ago (1 children)

The adage I tend to adhere to is: "The house always wins." Under capitalism, those who have the most capital are "the house".

Companies whose market caps are measured in the trillions of dollars are "too big to fail" insofar as, if a situation arises that meaningfully threatens their bottom line, they have enough weight to throw around to avoid that eventuality. Buy a few congressmen, get some new government contracts, get more favorable loan terms, yada yada. Money talks.

A cursory internet search suggests that no company with over 1 trillion USD in market cap has ever gone bankrupt. At that level, they become somewhat self-fulfilling success stories in the same way people born into rich families are seen as successful despite not necessarily doing anything innovative or clever.

[โ€“] howrar@lemmy.ca 7 points 4 hours ago

no company with over 1 trillion USD in market cap has ever gone bankrupt

The first company to hit $1 trillion market cap was Apple in 2018. We have 9 total today. That's not much data to work with.