3 ms·
I remember a similar story but from Kodak. I think the shareholder narrative and the race to the bottom started in the 70/80s has lead to the current situation.
by goliatone 8y ago
I remember a similar story but from Kodak. I think the shareholder narrative and the race to the bottom started in the 70/80s has lead to the current situation. Short term mentality and spreadsheet driven management has taken a toll on the American dream. It seems like the last blue collar stronghold- drivers- is the one under siege right now and bound to collapse in the coming decade(s?). It does worry me to think about easily we are able to brush that aspect of technology to the back of our minds and pretend it’s not going to affect almost everybody in one way or another
- rchaud 8y agoI think Kodak was the company in the article, actually. > Short term mentality and spreadsheet driven management has taken a toll on the American dream. Yes, but stock market growth since the '80s is a big reason why the "wealth" of the average American has increased, even though wages have stagnated and debt has increased. One hand has been feeding the other for a long time.