Im not saying it isnt, my comment was directed at the people acting like Nintendo needs to raise prices in order to stay alive. So many people online act like Nintendo isnt also a greedy company just like the rest of them
Historically companies exist as a social function to the benefit of the people and weren't oriented for profit and especially not for maximising profit.
From our modern perspective we look at the economics in history as people living in wealth inequality while it has to be viewed as social inequality.
Your place in society dictated how much "wealth" you would have and which role you could play. There were almost no options to advance yourself from the moment you were born.
This all reversed pretty suddenly in the late 18th century and early 19th century. The final touches to what would become capitalism were made. From now on increasing your wealth could increase your place and so accruing money became the objective.
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u/CaptainCarrot7 22h ago
I mean yea, that always was the only goal for literally every company.