We select for companies that can outcompete other companies rather than ones that contribute the most to the system.
If you consider a fern to be an alligator then it's an example of a deadly reptile.
> We select for companies that can outcompete other companies rather than ones that contribute the most to the system.
I think that the whole point of our system is to ensure that firms which outcompete other firms are the ones which contribute the most total value to the system. Where this isn;t the case (e.g. as with the effects of mass advertising, monopolies &c.) it's a bug, not a feature — and should be adjusted for.
Determining which firms "contribute the most total value to the system" is just too hard to be a useful strategy.
Translating that back to the workplace, I'm more inclined to agree with TFA.
Yes, it is — which is why we have a free market instead of a central authority trying to determine who contributes the most. Wisdom of crowds & all that.
It is correct that the economy corrects a bit against this, but the incumbent advantage is so huge that even extremely mismanaged companies can live on for decades, letting these parasites thrive, build competitive resumes and then spread to healthier companies.
Companies are optimizing for survival and draining their environment of as many resources with as little compensation they can get away with.
Companies are not optimizing for the benifit of the public. benefit for the public is PR and just like billionaire philantropes they would help humanity by magnitudes more if they paid their taxes instead of tossing cookies. No big company on earth would ever limit their usage of ressources just on their own in any significant way. if the resource runs out, they die or find another resource.
This is of course a polemic statement, and reality is more shaded than this. But capitalism can and will get nasty with increasing company size and revenue. They also get better in hiding the nasty, which doesn’t make it any easier