Thread

1. ocd · 1790861971 · focus · HN ↗

   I'm not a business guy, but I think I would be very worried if I created any opening (even on the very long term) for competition to justify itself being built up to meet demand (or national security requirements of other countries) on an industry I mostly control, because I prioritized extremely high prices for a few years that might have the effect of changing the arithmetic for potential competitors that wouldn't have done it before.

   It makes me consider whether there would be retaliation in later years against the US intellectual property system in countries other than China. While RAM is a tangible product, the areas it serves aren't really.

   1. pllbnk · 1790862558 · focus · HN ↗

      I think neither CEOs nor boards of the public companies care. They want to maximize their paychecks and bonuses in the short term before they leave to other companies.

      1. __MatrixMan__ · 1790862614 · focus · HN ↗

         Like termites, moving on to the next tree. One day we'll figure out how to be rid of these parasites, then we'll have healthier trees.

         1. r14c · 1790864562 · focus · HN ↗

            [dead]

            1. thenewnewguy · 1790864939 · focus · HN ↗

               Which is what? Because if your solution is "get rid of all C-suite executives", obviously some new person (or some new group) has to be given the final say on decisions in the company and what's to stop them from becoming corrupt or otherwise problematic?

               1. r14c · 1790885010 · focus · HN ↗

                  The short version is Chinese style socialism. Most of our problems stem from the fact that we are historically unable to consistently lay down the law when it comes to large business interests and very wealthy individuals.

                  I'm not opposed to markets, but this radical market based domination shit is getting old and it isn't benefiting anyone except the already wealthy.

                  Its pretty obvious that corporations are either unwilling or unable to reign themselves in or regulate their behavior in a way that benefits the majority of society. So we need to make the economy more democratic so it can actually benefit the majority of people.

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