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by salawat 211 days ago
How convenient for the investor class to have such a scapegoat to always fall back on. It's the consumer's fault! Not ours! Truly!

Nevermind that the bounds of what consumers have to buy/consume are entirely drawn and selected by investor prospectus, and business collusion, in an environment shaped by regulatory capture or selective compliance!

I'm open to accepting some blame on consumers, but trying to scapegoat them as the root of the problem is horseshit of the highest order.

MBA's and investors of the past 50 years drank deep of the draught of economic growth through regulatory arbitrage by off shoring, labor replacement above all else, and trying to chase shareholder returns over stakeholder returns. Fuck you, got mine in the socioeconomic sense.