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> Only that’s not just Amazon, it’s how 21st-century capitalism is done This type of business practice is a big threat to capitalism. Bottom-line thinking is o
by sbussard 6y ago
> Only that’s not just Amazon, it’s how 21st-century capitalism is done
This type of business practice is a big threat to capitalism. Bottom-line thinking is over-optimization w.r.t. to revenue that doesn’t even consider those who generate the revenue. It’s a local maximum that makes crummy business people look smarter than they are. Conscientious capitalism is not a socialist concept, it’s a human concept. If the leaders have no empathy, people will leave, revenue will go down.