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Failed businesses also tend to provide lower returns on capital, and that’s totally backed up by data. Doesn’t mean the “purpose” of those companies was to prov
by oefrha 5mo ago
Failed businesses also tend to provide lower returns on capital, and that’s totally backed up by data. Doesn’t mean the “purpose” of those companies was to provide lower returns on capital.
- thfuran 5mo agoThe purpose of a system is what it does.
- simianwords 5mo agoThis is mostly a meaningless statement that can be used in any situation
- gottorf 5mo agoIt's a very meaningful statement when people claim that thing X's purpose is Y which is good, and therefore thing X is good, even though the actual outcome Z is not Y and in fact may be diametrically opposed to Y. Happens quite often. I don't know if it really applies to the current thread, but I just wanted to point out that POSIWID is certainly not a vapid, empty concept.