It’s more than that - once you grow to the point where management don’t all have personal relationships, how do you decide who to promote?
Metrics. Meaning, money minus controversies… So basically, everyone with decision making power is incentivized to push profits as far as they can without crossing that ever shifting line where the public gets pissed at them…
At all levels, there’s a selection pressure to find the people who push the boundaries as far as they to maximize short term profits without drawing attention to how the sausage is made…
With that as the basis for all promotions across all industries, is there any surprise we are where we are, with the system cannibalizing itself now that there’s no new markets to expand into?
It’s more than that - once you grow to the point where management don’t all have personal relationships, how do you decide who to promote?
Metrics. Meaning, money minus controversies… So basically, everyone with decision making power is incentivized to push profits as far as they can without crossing that ever shifting line where the public gets pissed at them…
At all levels, there’s a selection pressure to find the people who push the boundaries as far as they to maximize short term profits without drawing attention to how the sausage is made…
With that as the basis for all promotions across all industries, is there any surprise we are where we are, with the system cannibalizing itself now that there’s no new markets to expand into?
All of that has been predicted by Marx since the 19th century. And he already created a better system.