4 ms·
> Capitalist companies are just the modern day evolution of feudal lords with the mandate of maximum value extraction with zero care for the impacts on your fie
by palmotea 9mo ago
> Capitalist companies are just the modern day evolution of feudal lords with the mandate of maximum value extraction with zero care for the impacts on your fiefdom/market, the tendency to drift to rent seeking, etc.
Actually, I'd argue capitalist companies are often worse, because at least feudal lord has more interest in ensuring the long-term viability of their fief. In capitalism its not uncommon for some investor to come in, wreck the place's long-term viability for short-term profit, then sell before the other shoe drops.