Capitalism is the breeding ground of parasitism. The incentive structures needs to change. Good corporate governance and long term sustainability need to trump short term turnover and fiduciary role to always go up.
As it exists, corporate incentive structures promote leadership by psychopaths that will go to the utmost consequence to drive the last cent out of their customers. This is especially true in the US, which by virtue of competition, metastasises to the entire western world.
Capitalism is the breeding ground of parasitism. The incentive structures needs to change. Good corporate governance and long term sustainability need to trump short term turnover and fiduciary role to always go up. As it exists, corporate incentive structures promote leadership by psychopaths that will go to the utmost consequence to drive the last cent out of their customers. This is especially true in the US, which by virtue of competition, metastasises to the entire western world.
Its been doing that for 50+ years. But just like how capitalism expects growth, the trend is exponential.