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We don't reward long term corporate thinking. Humans can clearly do it, so corporations could too. The organism responds to its environment.
by analognoise 3y ago
We don't reward long term corporate thinking.
Humans can clearly do it, so corporations could too. The organism responds to its environment.
- zinekeller 3y agoThe problem of modern companies (public or private) is that institutional shareholders demand greater profits even if it affects the companies' long-term prospect. They simply want that line to go up, they don't bother much with the details of the company.
- rektide 3y agoWe do, but 99.9999% of the people doing the work won't meaningfully experience any benefit from doing so. So we never do. Nothing will change that other than enfranchising your people, other than upsetting the top-down hierarchy.
- azinman2 3y agoWe need to socially rebuke the Friedman doctrine that’s at the root of all of this. It’s not even law but it’s so ingrained at this point people think it is.