They say this sort of thing, but they have insane abstractions of what China is really doing. Finance + economics + business leadership has a problem of sticking to broadly taught or popularized ideas that are myopic, divorced from reality, or just warped
Of course, because a bold but incisive plan that looks to go against conventional logic is not what the board wants, and that’s ultimately who this person works for.
Those broad abstractions are the easiest thing to get agreement around at a shareholder meeting. Anything more complicated requires and actual understanding of global economics and business; so obviously, you can’t count on that.
C-suite makes a lot more money sticking around putting on a pony show that lines up with investor expectations than they would making an unconventional move that looks dangerous, let alone if it actually doesn’t work out.
Ya it was attributed to stupidity by Femboy Stalin but it’s more about class interest. It results from institutional capture and ideological censorship
They say this sort of thing, but they have insane abstractions of what China is really doing. Finance + economics + business leadership has a problem of sticking to broadly taught or popularized ideas that are myopic, divorced from reality, or just warped
common sense? pshhh if that was real then why are commoners so poor?
Of course, because a bold but incisive plan that looks to go against conventional logic is not what the board wants, and that’s ultimately who this person works for.
Those broad abstractions are the easiest thing to get agreement around at a shareholder meeting. Anything more complicated requires and actual understanding of global economics and business; so obviously, you can’t count on that.
C-suite makes a lot more money sticking around putting on a pony show that lines up with investor expectations than they would making an unconventional move that looks dangerous, let alone if it actually doesn’t work out.
Ya it was attributed to stupidity by Femboy Stalin but it’s more about class interest. It results from institutional capture and ideological censorship
inevitable result of a society which prizes stupidity and incompetence above all other attributes in its leaders