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by ProblemExplorer 800 days ago
> Replace "calm" with "privately owned".

I wouldn't make that claim - it's about the mindset. I've seen plenty of privately owned companies where the owners heavily churn through employees extracting as much as they can from each person and spitting them out.

Their attitude is "I can't pay at or above market, so this employee will eventually leave, so why should I invest in this employee? Let me extract as much as I can while they are here"