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The Friedman Doctrine has come up (indirectly) again and again in discussions of Google's activist investors insisting the company should fire a lot more people
by rektide 4y ago
The Friedman Doctrine has come up (indirectly) again and again in discussions of Google's activist investors insisting the company should fire a lot more people. A recent one: https://news.ycombinator.com/item?id=34519251 https://news.ycombinator.com/item?id=34519251
It's not just short-term product thinking that our current investor-owned capitalism corrupts: it's short-term blinders that shape who we hire, who we fire, what benefits we give each other.
I want so much to believe in companies that compete to be the best places to work, to encourage the best, to motivate them, & give them the best runways to develop long, medium, & short term ideas & initiatives. Having servant leadership, gardening leadership, that can enable others pursuit of the best things, that supports creating not just capturing value... it's what these very large organizations, stacked with wealth would best be tasked with. Instead, some old legal precedent blocks the pursuit of good.