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Ah, ever since I'm doing consulting prep (for a couple of weeks now), I have a new perspective on this. It's just a new perspective, that I happen to trade in i
by mettamage 7y ago
Ah, ever since I'm doing consulting prep (for a couple of weeks now), I have a new perspective on this. It's just a new perspective, that I happen to trade in in for my soul, not as a price, but as a side effect really, but whatever. I guess that had to happen if you want to know what game the executive suite is playing :D
The question is: why wouldn't they?
Big corporations exist for one reason which is brought about by a myriad of incentives from stakeholders (e.g. consumers, shareholders, employees and the state).
That reason is: to generate as much profit as possible. Some say it's about growth or revenue, IMO those are all indirect ways to potentially generate more profit.
That's it, that's why big corporations exist. They're quite mindless in that sense because this mostly comes about by the interaction of all the stakeholders.
So from Activision Blizzard its perspective, I applaud them. This is what they should be doing. There's less financial pressure on employees (aka layoff season is probably even further away now), shareholders see more signs of their favorite currency in their eyes, the regulator/state is simply picking a victim that isn't as savvy and the consumers can play new amazing Warcraft games for years to come! Oh, and the victim has trouble to organize itself, so that helps.
In short, they are doing well.
For the state and economics researchers I'd say: if you care about wealth distribution to the people, then figure out how to get their money.
I wonder, if the state wants tax money so badly and the state is represented by the public, then why doesn't the state compete or invest in companies? You can't tax Activision Blizzard, but you definitely can tax a state owned company (right? Or is there something I'm missing).
- simplify 7y agoI hate it when people rationalize-justify this behavior of corporations. Look up the history around the Freedman doctorine. It wasn't always like this, and it doesn't have to be.
- mettamage 7y agoThanks! I'll look into it, I'm curious about the Freedman doctrine. I also hate it when people do rationalize this, but at the same time not really. It depends on the perspective I have at the time. I switch in it. The rest of my comment shows how. As a member of the public, consumer and human being I'm pretty mad about this and I don't like this type of analysis because it looks like a justification. As an employee and in some cases as a consumer, I'm not mad about this and it's not a justification, it's just as I simply see how the world works. Companies are tigers, they kill other organisms. It sucks, but alright that's the state of the world. Humanity is driving other species extinct. Alright, that sucks, but it is the state of the world. In all this confusion of perspectives, I do know one thing. If one doesn't dare to look at how they see the world is, that's when things go even more dark than they already are. Which is why I'm simply stating how I view what I believe to be the self-interest of a global giant corporation: which is making profit. It sucks, but it is how it works. I don't want it to work this way, but I don't have enough of an incentive to change it. Do you? At least you pointed me to a new source of knowledge to look at, so I suppose that's something. If I had knowledge that would wield the power of change for a better world, I would've used it.