3 ms·
> How does a constant factor (capitalism) explain a change? Regulations. Short-term-itis mostly got rolling with people like Icahn in the 1980s and asset stri
by bsder 3y ago
> How does a constant factor (capitalism) explain a change?
Regulations.
Short-term-itis mostly got rolling with people like Icahn in the 1980s and asset stripping. All that got rolling due to changes in regulations around finance.
And then tech and VCs poured accelerant on the flames.