> Lots of executives aren't judged on their final contribution to the bottom line but the size of their 'empire' or project 'successes' they can point to.
Who is incentivized to hold executives responsible for the bottom line, board members and shareholders?
> If you're hell bent on thinking markets are inherently fair you can contort yourself to show these things _can_ be productive but to think they're always productive?
I agree, insomuch that many 'profitable ventures' don't increase the aggregate material wealth of the country.
Who is incentivized to hold executives responsible for the bottom line, board members and shareholders?
> If you're hell bent on thinking markets are inherently fair you can contort yourself to show these things _can_ be productive but to think they're always productive?
I agree, insomuch that many 'profitable ventures' don't increase the aggregate material wealth of the country.