Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'
Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'
Spencer said publicly traded companies have to show constant growth or else nobody will give them money.
![Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'](https://lemmy.ml/pictrs/image/ad52be4c-4529-48df-ae10-9135c073f0f7.jpeg?format=webp&thumbnail=256)
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I actually can’t believe this is coming from a high level employee at a corporation.
Like we all know this is true, but isn’t it big to hear one of them talking about the insanity of the system.
It's PR. Anti-capitalist sentiments score well in focus groups.
If nothing else, it keeps an anticapitalist narrative in the public discourse
A controlled anticapitalist discourse. This is no different than that Pepsi ad with the "protesters" sharing a Pepsi with the police.
Time will tell. I mean, he's not wrong. I think it's pretty clear that studios have to make profitable games at the cost of interesting games. But it's not like msft or anyone else is going to change their behavior. They have a fiduciary duty to their shareholders to profit as much as possible.
lol the difference of course being that Phil Spencer is not living on the income of a standup comedian.
Wouldn't these sentiments lead to expectations and then actual changes in policies?
As long as the policy changes lead to even more profits, then sure.
I like it. I prefer the honesty.