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Corporations hire hundreds of thousands or even millions of people in management positions whose main purpose is to think about how to increase market share in
by cryptica 5y ago
Corporations hire hundreds of thousands or even millions of people in management positions whose main purpose is to think about how to increase market share in a world where those corporations already have far more market share than they deserve based on their production ability.
Given this, I think it's normal to expect political manipulation and conspiracies to arise as an alternative to value creation to extract wealth. Remember when Google and Apple agreed not to poach each other's employees? It's irrational to assume that hundreds of thousands of managers just sit around all day doing nothing. It's also irrational to assume that all of these managers are honest, virtuous people. Surely some of them are conspiring with each other across different companies to give themselves an unfair advantage within their respective companies.