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by elzbardico
182 days ago
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The System's purpose is what it does. As capitalism moved towards financialization, the societal incentives moved from "profit from doing things" in the long run towards "profit from trading ownership of entities that eventually do things" in the short term. This requires a completely different kind of management. I don't need someone who deeply knows what it takes to create and manufacture planes as a CEO anymore, I need someone who can make the most out of the numbers to make the speculators happy during this quarter. |
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