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Are you under the impression that executives are not employees? Or that the "talents" of executives are rare? And no, the rarity nor value of the employees sk
by otakucode 9y ago
Are you under the impression that executives are not employees? Or that the "talents" of executives are rare?
And no, the rarity nor value of the employees skills matter, and hasn't for quite awhile now (since at least the 1980s). The view you depict is the 'free market' one, where profit always rapidly decreases to zero based upon rational competition. Tell me, do you see many companies with profit margins rapidly approaching zero?
- oh_sigh 9y ago> Tell me, do you see many companies with profit margins rapidly approaching zero? Many of the companies that were in a field which Amazon entered