4 ms·
There were other factors at play in the downfall of Sears than just failure to take advantage of their positions at the time. Sears, in a sense, became a victi
by arbitrage 6y ago
There were other factors at play in the downfall of Sears than just failure to take advantage of their positions at the time. Sears, in a sense, became a victim of its own success. In the heyday of parasite capitalism, it became more profitable for a small group of bad actors to make Sears fail.
Xerox is a more apt example of the 'missed opportunity' narrative.