this post was submitted on 16 Mar 2024
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[–] laxe@lemmy.world 2 points 6 months ago (1 children)

Executives care only about their bonuses, and the best way to boost them is to milk companies on the short term even if it ruins them on the long term. There is no incentive to care about long term.

[–] henfredemars@infosec.pub 3 points 6 months ago

Investors reward this behavior. The system is designed to destroy good things.