Re:We have socialised the risk of innovation but privatised ...
by jsprogrammer on Monday March 09, 2015 @03:51AM
(#9169761)
Yep, the cognitive dissonance here is pretty strong.
What is a public corporation, but 'a bunch of people [C-level,VP-level,Manager-level] spending other people'[sic]s[shareholder's] money on things that they[shareholder's] don'[sic]t understand and they[shareholder's] don'[sic]t really care about[shareholders seem to only care about 'ROI' and/or 'ROE']'.
That sounds like it describes the purchasing department in any big corporation, or the got-the-job-through-nepotism nephew or cousin of the owner in a small business.
You know what they say, right? Capitalism works...in theory.