Comment by tristor

Comment by tristor 9 hours ago

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> The interesting question then becomes: what is the deviance that has become normalized so broadly?

Welchian management. "Greed is good". It's so infected the American psyche that people believe corporate management has a fiduciary duty to shareholders to the point that they legally must put profit above all else. That is not in any way the case, and no law has formalized any such thing. It's a choice, a choice made every day in nearly every company, to create human suffering in pursuit of profit and to eschew any concept of loyalty or ethics.

Jack Welch destroyed GE doing this, and his acolytes destroyed IBM, Boeing, and many other American institutions. His brand of management has now become the only brand of management taught across nearly two generations of MBAs. It is now the normal culture of American corporations.