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I’m not American. You should stop assuming everything happens and only happen in the us.

• rbanffy 2y ago
  I’d say that running a profitable company in a socially conscious way is proof that the drive for profit above anything else that characterises capitalism is misguided. Olivetti could be more profitable if they didn’t care so much about the well-being of their workers and their families, but they proved they can, and that is better than maximising shareholder value at any cost.
  • znpy 2y ago
    Olivetti was extremely profitable for the time.
    • rbanffy 2y ago
      If it could keep their workers with fewer benefits, profits would be higher. This works for a while - you'll lose your best and brightest, who have no patience for this game, but with enough process layered on top of an unskilled workforce, you can get really far (as Amazon's warehouses can show).
      • eecc 2y ago
        So it’s a race to the bottom, until even the skilled get squeezed… not smart