It's the result of American business culture prioritising and incentivizing "shareholder value creation" (aka making wealthy fund managers more wealthy) above a

It's the result of American business culture prioritising and incentivizing "shareholder value creation" (aka making wealthy fund managers more wealthy) above all else and regulatory capture of the government by the wealthy. For the rest of us on the outside, the US often serves as an interesting experimental platform to test the most extreme ideas and see how things work out