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“Instead of building airplanes, all they cared about was building the bottom line.” This is the fundamental flaw of modern american capitalism: it's not that p
by johnea 3y ago
“Instead of building airplanes, all they cared about was building the bottom line.”
This is the fundamental flaw of modern american capitalism: it's not that profit is the #1 concern, it's that profit is the ONLY concern.
There's a huge difference between the two, the system we have places no balancing considerations against returns. It's not even really "profit", but stock value.
Comensating employees, especially the c-suite, in stock should return to being illegal.
- 01HNNWZ0MV43FF 3y agoCan't give stock to employees? The communists will be mad.
- zild3d 3y agoDo you not think these issues will be poor for Boeing shareholders and beneficial to Airbus shareholders?