whatever number we made last year + X% is our goals for this year and if we don’t make that growth then it’s considered a failure and now we have to lay people off
This isn’t capitalism.
it’s definitely a trait of modern capitalists
Traits of particular capitalists are not what constitutes capitalism.
If it isn’t capitalism then I would argue it’s a direct consequence of the incentives it sets up. When a venture is primarily owned by investors whose only interest in it is a return on investment, sooner rather than later, it sort of sets up exactly what I described does it not?
Maybe the words I should have used were “unfettered capitalism”?
This isn’t capitalism.
Traits of particular capitalists are not what constitutes capitalism.
If it isn’t capitalism then I would argue it’s a direct consequence of the incentives it sets up. When a venture is primarily owned by investors whose only interest in it is a return on investment, sooner rather than later, it sort of sets up exactly what I described does it not?
Maybe the words I should have used were “unfettered capitalism”?