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> The company is already walking dead; they're just feasting on the corpse. Left alone they'd peter out faster. Is that actually true, or just a story used to
by palmotea 8mo ago
> The company is already walking dead; they're just feasting on the corpse. Left alone they'd peter out faster.
Is that actually true, or just a story used to justify the bad actions? There are a lot of meme-stories like the latter, floating to justify all kinds of money-making behavior. People with money have the resources to plant them.
- bombcar 8mo agoIt's true in at least some of the famous cases (perhaps not this one; perhaps not Nabisco) - but you have to do deep digging into the financials to see it, a moribund company and a salvageable one often look quite similar from the outside. One way to tell is if the company does not emerge from bankruptcy but instead liquidates - it was probably already dead.
- whattheheckheck 8mo agoLike the entire libertarian party propaganda of the 50s
- red-iron-pine 8mo agothat's the standard agit-prop of the right for the last 80, brah