this post was submitted on 09 Oct 2023
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I swear they treat CEO's who tank companies like they do priests who molest kids and just send them to another place whenever they get caught.
That's corporatism in a wider sense. Existed since times immemorial. It's a systemic problem, that is, defined by architecture.
Corporatism like this is fairly new. Creating bullshit positions for your followers is an old tradition among kings and other rulers, but putting people from one leadership position where they fucked up into the next is only here since the capitalist class established itself after the industrial revolution.
Actually the former included the latter. So no.
If you need someone to implement a greedy, extreme position then "pull back to something reasonable" (still further than original), he's on the short list.