Hacker News new | ask | show | jobs
by PaulDavisThe1st 1 day ago
> The more a company exploits, the more profit it can bring in.

In the short run, that doesn't seem worth arguing with.

It isn't clear whether or not it is really true in the long run. If shareholders (and courts) demanded the long view, it's equally unclear if the exploitation approach could really have taken hold.

1 comments

In the long run for who is the question.

It's worked great for walmart for several decades now.

And the venture capitalists continue to use the plunder from prior pillaging to continue the exploit train.

And further when a company achieves monopoly or near monopoly status, it becomes nearly impossible for a competitor to knock them off their perch.

The unfortunate thing is for the people engaged in exploitation this is a great long term strategy. A CEO that does this can almost always land another job as a CEO for another company to rinse and repeat the process. See Mark Hurd.