How Stupid Do They Think We Are - Aftermath
aftermath.site
The owners of Vice and Sports Illustrated seem to only see value the sites' names, even when their actions make those names worthless.
  • Custoslibera@lemmy.worldEnglish
    15·
    9 months ago

    I don’t think portraying the execs as just dumb and the general public as mega brains is accurate…

    The execs want to strip out value as profit and take actions to maximise this, they don’t care if it fundamentally tanks the business because as long as they make a profit overall they can just drop the husk that’s left at the end and move onto another business they can bleed dry.

    • DragonTypeWyvernEnglish
      7·
      9 months ago

      It’s literally the foundation of neoliberal model capitalism as pioneered by the likes of Jack Welch.