Quote:
Originally Posted by MV64
We're living in a world increasingly run by monopolies, mergers, and price-fixers. Nobody in power has any interest in breaking them up. It is my belief (and I'm not an anti-corporate stooge activist), that this is one of the key problems the world is all screwed up.
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add to that the current mindset of the cookie-cutter MBA's where one must continue to accelerate revenue growth. When you read buzz-word phrases like year-over-year and quarter-over-quarter read that as "....we must increase the rate we profit by every year..." The target appears to be at minimum 10% which is actually inflationary in many ways since this usually requires increasing the fees or charges to existing customers for products and/or services. In the end this sort of practice is simply unsustainable over the longer term. Look at the economies of the world to see this. In larger countries which were once the bread and butter of the corporate world since most in those economies live for the corporation, they are all in or near total financial collapse. It is simply because there is no more money to be squeezed out of those economies.
Once was a time that simply earning a profit every year was the sign of a solid company in it for the long haul. Now unless that company is constantly increasing their growth rate which is different from simply increasing growth and actually, after a point, untenable as far as I can see, but today just being a steady profit making company will get you fired. You must accelerate the rate of growth. Remember back to your basic exposures to log curves and statistics in high school or college, even your biology courses where comes a point in a population that it can no longer remain stable if that population is constantly increasing it's rate of growth. What happens? The population either dies off totally or it turns on itself until the competition for survival becomes normalized and near static again. Applying the same logic to the finite economies of the world would be an application to this system.
So, it seems things will need to collapse totally in order to return to a more stable daily existence. Sadly I know I'll be long dead before this happens.