3 ms·
> Something clearly changed between the 1970s and today. MBAs took over American companies. They're the ones who cook up these exploitative ideas so that no mo
by kevin_thibedeau 4y ago
> Something clearly changed between the 1970s and today.
MBAs took over American companies. They're the ones who cook up these exploitative ideas so that no money is ever left on the table.
- lotsofpulp 4y ago401k owners, IRA owners, and taxpayers via defined benefit pension funds want to pay for the management that maximizes returns.
- kevin_thibedeau 4y agoConvenient that forces have aligned to make people dependent on 401K and IRA by taking away all other profitable money stores. Why play with only rich peoples' money when you can force everybody to be exposed to a market you take a cut from.
- Hellbanevil 4y ago