[nerdponx]

Lack of market disincentives to carry out abusive behavior.

> - Hoping that future candidates have short memories or they can hire new grads who don't have other options?

Yes. Need for $$ outweighs desire for individual dignity. There's always someone out there willing to take your shitty job, as long as you're willing to wait. And why hurry? Just keep squeezing your current employees in the meantime.

> - Calculating that the job market will stay slack for a long time?

Repeated prisoner's dilemma. There's no reason to start hiring aggressively if nobody else is.

> - The C-suite has short time horizons and thus see these problems as someone else's future problems?

What problem? How does it actually affect their performance or their company's performance?

> existential threats

On the other hand, they won't stop doing something that's perfectly profitable and effective unless there's an existential threat.