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Zuckerberg’s invincibility as CEO is nothing short of one of the greatest failures of modern capitalism. It’s simply astounding that such a terrible leader has
by save_ferris 6y ago
Zuckerberg’s invincibility as CEO is nothing short of one of the greatest failures of modern capitalism. It’s simply astounding that such a terrible leader has retained control of what is clearly a company out of control. And the market accepts all of it while individuals constantly criticize his and Facebook’s actions.
People always throw around “well stop using Facebook” but that clearly isn’t a reasonable solution from a scalability standpoint. What percentage of those people also hold Facebook stock, either directly or through a hedge fund, ETF, etc.? It could be more than we think.
At the end of the day, profits don’t care about people, and this is the consequence we all have to live with.