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I'm not sure any of this is specific to McKinsey. IMHO the current system supports a whole layer of consultants, MBAs, CEOs, and financiers who are either dest
by jacknews 4y ago
I'm not sure any of this is specific to McKinsey.
IMHO the current system supports a whole layer of consultants, MBAs, CEOs, and financiers who are either destroying the 'real' economy, or at best sucking all the juice out of it for their own gain.
Late capitalism, financialization, feral capitalism, managerialism. I've seen several terms thrown around, but the essence seems to be something like the profits come from owning and/or tapping into the flowing money; the actual work involved in creating those flows is virtually irrelevant and certainly under-rewarded.