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by analognoise 1135 days ago
We don't reward long term corporate thinking.

Humans can clearly do it, so corporations could too. The organism responds to its environment.

3 comments

The problem of modern companies (public or private) is that institutional shareholders demand greater profits even if it affects the companies' long-term prospect. They simply want that line to go up, they don't bother much with the details of the company.
We need to socially rebuke the Friedman doctrine that’s at the root of all of this. It’s not even law but it’s so ingrained at this point people think it is.
We do, but 99.9999% of the people doing the work won't meaningfully experience any benefit from doing so.

So we never do. Nothing will change that other than enfranchising your people, other than upsetting the top-down hierarchy.