• @rah@feddit.uk
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    7 months ago

    whatever number we made last year + X% is our goals for this year and if we don’t make that growth then it’s considered a failure and now we have to lay people off

    This isn’t capitalism.

    it’s definitely a trait of modern capitalists

    Traits of particular capitalists are not what constitutes capitalism.

    • @pacmondo@sh.itjust.works
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      67 months ago

      If it isn’t capitalism then I would argue it’s a direct consequence of the incentives it sets up. When a venture is primarily owned by investors whose only interest in it is a return on investment, sooner rather than later, it sort of sets up exactly what I described does it not?

      Maybe the words I should have used were “unfettered capitalism”?