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by hagbard_c 795 days ago
> CEO is a very political position and he made a politically bone-headed move

No, that is not what happened. Political activists inside companies have gained power as a result of the 'long march through the institutions [1] which they have been using to enforce their ideology in rigid fashion. This started in the lunch rooms but eventually reached all the way to the top. Eich, like many other CEO's was replaced by a political activist - in this case Mitchell Baker - who used her position to further her ideological goals while simultaneously enriching herself. She is only one of many who is guilty of this type of fiduciary breach of confidence.

The fact that these 'champagne socialists' strut their virtue while filling their coffers - in Dutch this this is called 'links lullen, rechts vullen' (talk left but hoard right) - only makes it all the more galling and clear that their ideology is only a thin veneer over a lust for greed and power [2].

[1] https://www.marcuse.org/herbert/scholarship/2020s/2022-kimba...

[2] That same ideology sees everything in the world as an eternal power game between the oppressive and the oppressed and calls for a permanent revolution against the powerful - i.e. against themselves.
1 comments
mvc 793 days ago
You can't drive politics out of everything by making "the market" king and then be surprised when activists then take the fight to the market.

What did you think was going to happen?

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hagbard_c 793 days ago
That is also not what happened as can easily be seen by those same activist taking over non or only partly market-driven sectors like academia and large parts of the public sector, especially centred around education.

If "the market" truly were king I'd expect those who come with plans to rake in the most money for the least effort to take over, i.e. the thing which those same activists tend to point damning fingers at for being the evils of 'capitalism'. I'd also expect companies which are taken over by activists to fail in the market since they produce less efficiently given that part of their energy is used to further the cause of those activists instead of focusing on 'shareholder value'.

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