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If you want to consider it as a maximization of shareholder value, then you're dead wrong. They're pumping the value of US shares making CEOs and large sharehol
by adra 4y ago
If you want to consider it as a maximization of shareholder value, then you're dead wrong. They're pumping the value of US shares making CEOs and large shareholders even more filthy rich than they ever worth this lifetime, so pat them on the back for that. Blame them for greasing palms and watering down corporate tax rates. Blame them for maximizing profits by shifting jobs overseas. All that money flowing to the top is making a very few people a lot of money and in that role they're doing great at it, at least as long as I've been old enough to pay attention.
It's not MBAs that are the problem you hate, it's capitalism stretched to it's _naturally_ anti-competitive pinnacle.
- 29athrowaway 4y agoWe are just taking a loan from the next generation, who will be completely enslaved to debt.