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> Well they didn't, capitalism pushed them into the grave. The Benedetti family, owner of Olivetti, did some stock acrobatics in the early 80s and failed massiv
by davemp 9y ago
> Well they didn't, capitalism pushed them into the grave. The Benedetti family, owner of Olivetti, did some stock acrobatics in the early 80s and failed massively
Sounds more like the Benedetti family pushed Olivetti into the grave than capitalism did...
- agumonkey 9y agoWhy not say both ? Also Benedetti was influenced by French Alain Minc in that era. It's part of the whole acquisition game hence my jab at capitalism.
- microcolonel 9y agoWhat on earth does this have to do with capitalism? The reason the Lada Niva is still in manufacture is that there's still motivation/demand and the manufacturer hasn't given up on making them. The reason Olivetti doesn't make Olivetti anymore is that there's near zero motivation/demand, and nobody wants to make the products just out of passion.
- agumonkey 9y agoIMO capitalism allows for the speculation game to occur
- microcolonel 9y agoThat doesn't mean anything.
- agumonkey 9y agoI don't appreciate your aggressivity.
- microcolonel 9y agoI'm sorry you feel that way, but you can't aggress an idea. I am here to talk about ideas. At first you imply that forgoing capitalism would save (or help to save) Olivetti. Olivetti only exists because of capital markets, and in a world without capital markets there would be no Olivetti to save. You then said that, in your opinion, "capitalism allows for the speculation game to occur", which is too vague to be interpreted consistently. "the speculation game" isn't a common or publicly defined term, and it hasn't been defined here. You provide no reasoning to support your idea that this undefined thing occurs as a result of capitalism. Because of that, I said that your statement doesn't mean anything. It certainly doesn't mean anything to me, and that's not a reflection of your character, your personality, or your worth. I simply have no idea what you are talking about, because you have been excessively vague in your "aggression" (to use your standard) toward capitalism.
- agumonkey 9y agoOlivetti was doing fine, their owner made a mistake, in a world with less speculation game, Olivetti may have very well survived. Apparently you like to be explained things, it means trading stuff for the sake of profit as much as possible, which is something detrimental if you don't only account for capital. Also Olivetti didn't go out of business due to lack of demand, at all, they've been starved. So your previous comparison with Lada is unfit.