Re:The West Forgot How to Make Things. Now It's Forgetting H...
by stephen_cagle on Sunday April 26, 2026 @01:58PM
(#47912340)
I believe private equity ownership represents this in an aggressive form. The 2 and 20 percent takes that PE usually mandates as part of their purchase agreement means that they are highly highly incentivized to maximize short term "wins" over long term survival.
I think Chesterton and Taleb also had pretty reasonable things to say about understanding a system before you make changes and fragile/anti-fragile systems as well.
I think Chesterton and Taleb also had pretty reasonable things to say about understanding a system before you make changes and fragile/anti-fragile systems as well.