I do see it as a failing of the perception in that endless growth just isn't possible in the long term.
I don't see that such a perception exists. Investors fully understand that growth stocks aren't growth stocks forever. At some point growth declines and they become something else. Those that continue being reliable generators of income, often by diversifying, become blue chip stocks. Some decline. Some become cyclical.
Of course, once it becomes clear that a company is no longer in its growth phase, investors looking for growth stocks will leave, and those looking for income or wealth preservation will come in, depending on the characteristics of the company. This isn't because those growth investors believe that perpetual growth is possible, but it is because they're looking for ways to grow their money. At 40 years old, that's certainly what I want my retirement investment portfolio to be doing, growing! Isn't that what you want?
Most of today's investors don't see their dollars as a building block to better companies with long term goals and good public relations
Of course not. That would be ridiculous. My investment goal isn't to build better companies. My investment goal is to get a good return so that I can live comfortably when I can no longer work. Other investors have other goals, but none of them are focused on benefiting the companies.
they see their dollars are something they need to "flip" fast to make it worth their time
Nonsense. Well, certainly there are some who are focused on flipping. HFT, day trading, etc. But long-term buy-and-hold investors who are looking for growth are also going to buy companies who are growing and get out of them when the growth slows. Not because the investors are stupid, but because they're smart and want their money in stocks that match their goals.
Apple will take a hit because of this.
Apple is up 5% today.