Part of the problem I think is that their whole way of thinking is to ignore any externalities (from the polution they produce but don’t want to deal with to the growing economic disparity undercutting their profits) as someone else’s problem. Most companies need employed consumers to exist but each one benefits individually if they fire all their own workers - as long as someone else pays enough workers so they can buy their products. The people in charge of each company are there because they’re good at making the line go up consistently quarter by quarter, no matter what that takes. I don’t think they have the capability to deal with big problems (like this, or climate change) any more than the inclination.
Basically nobody’s steering the ship because they’re all too busy disassembling it for parts.
Part of the problem I think is that their whole way of thinking is to ignore any externalities (from the polution they produce but don’t want to deal with to the growing economic disparity undercutting their profits) as someone else’s problem. Most companies need employed consumers to exist but each one benefits individually if they fire all their own workers - as long as someone else pays enough workers so they can buy their products. The people in charge of each company are there because they’re good at making the line go up consistently quarter by quarter, no matter what that takes. I don’t think they have the capability to deal with big problems (like this, or climate change) any more than the inclination.
Basically nobody’s steering the ship because they’re all too busy disassembling it for parts.