Re:Intake – American's largest psychiatric chain
by Jun8 on Friday December 09, 2016 @04:11PM
(#13141891)
"Free-market", like many -isms may mean many different things to different people.
However, it seems clear that pressure to profit, pressure to grow fast, to raise ever larger rounds, etc. leads to huge missteps, both in tiny startups and in huge corporations. If you replace "beds" in that quote with "bank accounts" you get the Welles Fargo scandal. Ditto for Theranos. And these are only the very recent examples (that we know of).
However, it seems clear that pressure to profit, pressure to grow fast, to raise ever larger rounds, etc. leads to huge missteps, both in tiny startups and in huge corporations. If you replace "beds" in that quote with "bank accounts" you get the Welles Fargo scandal. Ditto for Theranos. And these are only the very recent examples (that we know of).