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Big business sucks in a plethora of ways, but I share your overall reaction. The coda of corporate resentment takes away from the article and dumps on Amtrak fo
by totalZero 6y ago
Big business sucks in a plethora of ways, but I share your overall reaction. The coda of corporate resentment takes away from the article and dumps on Amtrak for no useful reason.
- _huayra_ 6y agoIt's not necessarily big business, but short-term incentives of big business that may not align with any other stakeholders than the current stockholders. Big businesses are necessary to enact the scale of change we need (it takes a huge number of people to design and build electronics, operate heavy industry, etc), but it's the misaligned incentives to meet rather arbitrarily-set quarterly earnings, and the possibility of being sued if a company does not pursue that goal (if publicly traded), that drive the worst parts of capitalism.