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> When there's a regulation that threatens them, they make a lot of noise about "free market", and "let the market decide". But when the market decides against
by cheschire 5y ago
> When there's a regulation that threatens them, they make a lot of noise about "free market", and "let the market decide". But when the market decides against them, they want some government intervention.
I'm pretty sure this is taught as a 200-level concept in business administration right?
- judge2020 5y ago> I'm pretty sure this is taught as a 200-level concept in business administration right? Only after you manage to recite "short-term profit over long-term success" 500 times in an hour.
- contravariant 5y agoSo pretty early in the curriculum then?
- blunte 5y agoBingo. Quarterly earnings per share rules all.
- nathanyz 5y agoYep, they replaced the Business Ethics course with this one covering advanced business administration tactics as everyone said the ethics class was incredibly not useful in today's world. /s
- mandmandam 5y agoWhy the /s? it seems ethics courses aren't even useful for knowing how to lie in front of the public any more. Businesses run their grift in the open now. I've literally not once in the last twenty years heard anything smart about ethics from a modern business leader; though PG flirts with ethical tangents once in a while. Consider Peter Thiel. Musk. Bezos. These people think honesty is a weakness.