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mattkevanyesterday at 5:16 PM4 repliesview on HN

It’s not really, companies like GM used to boast about how well they treated their employees and communities. It was Jack Welch and a legion of like-minded arseholes who decided they should be increasingly richer no matter who or what paid for it.


Replies

axpy906yesterday at 8:29 PM

It’s funny how corporations get a bar wrap. Have you ever worked with private equity? Bad to worse.

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dborehamyesterday at 5:28 PM

See also HP. Pretty much only Costco left.

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tehjokeryesterday at 8:08 PM

The previous deal was due to (a) a lower level of development of capitalism (b) a higher profit margin that collapsed in the 70s (c) a communist movement that threatened capital into behaving

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renticulousyesterday at 6:38 PM

Middle class productive population produces commons goods and resources which gets exploited by Elites. Tragedy of the Commons applied to wealth generation process itself.