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Sure. Yeah, I apologise if I was aggressive. I agree with you that yeah profit maximising has no necessary relationship to the happiness of workers. But, I was
by morelish 5y ago
Sure. Yeah, I apologise if I was aggressive. I agree with you that yeah profit maximising has no necessary relationship to the happiness of workers. But, I was surprised when I read Ford's biography that a lot of (aggressive) practices I thought 'hey this is just bosses being bosses', actually might be poor management.
Re, VC money creating a rat-race, I think you're probably right.
Though I think there must remain a slice of the market that's not determined by the rat race. But it could well be the slice of the market that VCs aren't interested in funding because it's not big or fast enough. I guess I would cite something like Linux as an example. It's not really a start-up but by not being fuelled by money, and being open-source, it was able to under-cut and out-compete Microsoft and a bunch of other OSs in the hobbyists -> server -> mobile. But I suppose it became a platform that a bunch of other businesses like Redhat and Android were able to launch off.
But yeah I guess the general trend is profit invites competition, and competition is amoral.