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So if it's at the "core of American business/society" it has to have always been there, right? Is it only a problem now or was it always a problem? If it's "cor

• jqpabc123 3y ago
  If so, how do you square that with the history of America's successes? World War II. The production capacity of most industrialized nations was severely impacted by the war. The USA was one of the few that wasn't. Without too much real competition, US industry (Boeing for example) prospered for decades and built a middle class that was the envy of the world. But as the competition slowly recovered, the USA has ceded much of this to greed, income inequity and mismanagement. The vast majority of new income from increased productivity now goes to the top echelon at US corporations. In 2022, the CEO of Boeing made $23 million as the company lost $12 billion. The CEO of AirBus only made about $4 million as revenue increased 16%. The USA now has some of the highest paid and arguably least effective managers in the world --- Boeing is just one example. Working hard in the USA mainly just creates bigger bonuses for those at the top. American management and leadership style is fundamentally flawed and most of the available evidence shows that it is only getting worse over time, not better.