The business school people are doing exactly what they are incentivized to do. This is the goal of capital, maximum extraction, minimum outlay. These contradictions are inherent to the very economic system, not simply the result of individual ghouls.
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My mother told me she took some sort of business class in college as an elective. The professor said something like "there are no ethics in business. There's only the law."
She dropped the course in disgust.
The professor said something like "there are no ethics in business. There's only the law."

Back when I was in my early 20's I once had an interview with the owner of an IT support business. He asked me what would I do if there was a sales person that was selling services that the company didn't have the skillset for, and I said something along the lines of stop the guy from miss selling, identity if what he is trying to sell is a genuine area for growth, skill up staff and then offer the service.
He said I was wrong, the sales person was doing his job perfectly and it was up to the rest of the company to try and figure out how to fill that gap. I was offered the job but turned it down as I didn't think that was ethical.
The CEO of the company I work for pushes for that kind of selling. I stopped trying to sell that way after the third or fourth time it left me with either egg on my face or a deal we lost money on because we had to hire a subcontractor.
Had to have a conversation with the CEO about it once, said I figured it was better for us to potentially run out of work and waste payroll than to waste time and payroll trying to do something we knew we couldn't do and have to pay someone else to do it for us, while keeping the liability for ourselves.
MBA stands for maximally bad agents
If you know anyone who’s gone to business school you should disrespect them continuously
They had to be the kind of person to want to fuck everybody else over first - school just showed them how to accomplish their goals if they were selfish & driven enough to do so.
With private equity taking over every aspect of daily lives, this is only going to get much worse.
Blame Reagan.
A big part of deregulating banks back in the 1980s was shifting away from expensive manufacturing to cheap financial services. Instead of investing in bringing US factories back, Reagan's polices sent the actual work overseas and left management here.
And dodge brothers vs Ford forcing corps to only be for shareholders value
You get that when deregulating one area at the expense of even further strangling others with regulations (a regulation keeping an oligopoly or a protectionist one is still regulation).
BTW, the most common visible problem of libertarian models. They get the absolutes right, but ignore the relative. This means that those following them ignore transient processes, and the model breaks halfway.
Because Regan was the President of China when capitalism was enshrined.🙄
I want to argue with this, but it wouldn't be much of a rant community if it talked back.
Also you'd be wrong
Well, since you're not OP.
Most stuff in the West, including businesses, is owned by kinda rich but mostly ordinary people - the 9% after the 1%. Furthermore, people have always tried to make money, and while big businesses are a lot more efficient at it today margins are much lower to compensate. There's no self-contained, small club getting easy money at the public's expense, which is what OP was implying.
A few things have gotten more expensive relative to wages. Some things are actually less expensive (clothes are a minor expense post-globalisation, a basic TV costs less than a really nice meal now), other things are kinda the same. The real trend has been the split between well paying jobs (like most of Lemmy has) and poorly paying jobs widening; the rest is "everything used to be better", which people are recorded saying all the way back through Socratese.
"There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."- Warren Buffet, 2006.
Figure it out lmao
One quote vs. a bunch of hard statistics, sources available on request.
It's not even a quote that contradicts what I said, when put in context, where it was about tax policy. Warren buffet is well aware of the gradualness of the wealth gap, and that there's no free lunch for corporations. His whole investment philosophy is built on the latter fact.
These people are causing civilization to break down. I'm certain they aren't prepared to deal with an uncivilized population.
Yep. Whenever I learn that someone went to business school, and doesn't feel any shame admitting it, I simply stop talking to them. Fucking ghouls, man. Literally destroying the earth for profit. As a society, we need to drown them in ridicule. That's what they deserve.
The ruling class thanks you for hating their designated scapegoat. You will continue yelling about their pawns, paying your taxes, accepting their inflation, and voting for their chosen candidates and parties.
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