[shimman]

This is how the elites actually feel tho. They think they can do no wrong, it's not their fault that they don't know how to run a business but you should please give them another chance and not change corporate law to stop benefiting them over workers.

It's a mindset that enables neoliberalism to flourish while vast majorities suffer immensely to benefit the few.

It's a system that's worth questioning as the material lives of 100s of millions of Americans are getting objectively worse every year while we are always being told there is no money for healthcare or childcare but there is always trillions laying around for imperialistic activities like data center expansions and war.

[cj]

Let's throw the elites in jail, so that more elites can come in and do the same thing?

There's a limited pool of execs to run companies. Its a pretty homogenous group of people, similar skill sets, some have varying philosophies on how to run companies, but the majority of them will likely make the same decision if given identical sets of circumstances.

I get triggered when people start calling out "elites" and other boogeymen - what does it mean to have companies run by non-elites? What even is an "elite"? Are they elite simply because they are employed as an exec? Is it possible to have a non-elite executive?

Using "elites" in this context makes it feel like an emotional complaint about the world rather than anything rooted in logic.

[financltravsty]

None of these elites are operators -- they're liberal arts educated and their primary skills are in using words and lack of to achieve status gains -- nothing more.

In many traditional industries, companies are built and run by the most senior members of whichever discipline. Tech is different because most of its skilled members intentionally cede soft power because of personal (imo short-sighted) predilections and the exorbitant amount of money flowing in has caused a mad dash from other disciplines.

The "elites" are people trained either institutionally or personally (from their relationships with others) to understand power dynamics and utilize them for personal gain.

Navel gazing is a great away to achieve nothing. Being lorded over by someone who couldn't even figure out how to build and host a simple webapp is ludicrous. Should the CEO of my hospital not understand that the mitochondria is the powerhouse of the cell? Should the partners at big M&A law firms have no idea how to read a contract? No, because that's fucking ludicrous -- yet it persists in tech because its technicians have zero training, education, or even sense for elite ways of thinking.