this post was submitted on 13 Jul 2023
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[–] Swedneck@discuss.tchncs.de 17 points 2 years ago

Because business people are generally not actually competent, they've failed upwards and just continue doing the things that haven't completely failed them yet.

Really, capitalism as a whole is fundamentally inefficient and just kind of dumb, and the economical theory underpinning it is simply incorrect.