I think it was a mindset shift. Right now short term stock value is more important because the shareholder profile also shifted from someone that holded the stock to someone who wants just to turn a quick profit.
I think it was a mindset shift. Right now short term stock value is more important because the shareholder profile also shifted from someone that holded the stock to someone who wants just to turn a quick profit.
The same way boeing executives are to blame. They did not order employees to do sub-par cpus, but they did not care about the quality of what was produced either. Good hardware (and software) its always the product of a process that involves QA, HR, Operations, R&D and many other departments. These departments fall under the supervision/control of the executive suite.
Therefore its a systematic failure of modern capitalism. As it is not accounting externalities
One can argue that we have two kinds of capitalism. And that would be true for the classic, theoretical capitalism.
However, the modern one favors short term profit and stock prices. Which do not care if economies collapse in 20 years due to global warming, as long as the profit is good now.
I belive the beds in a store that sells beds are either to be sold or to help you choose a bed. They are not “fuck you, see how many beds i have” beds
Yeah, we ahould something about those humans! /s