It's kind of similar to tech. All these brilliant "executives" turned out to be complete imbeciles - unless they operate in an environment where money grows on trees and the economy is on fire (not that it's bad in the first place).
The [US] economy is actually fine, and all they know how to do is gut their own companies to "save" money.
Thats the Jack Welsch MBA school of business - gut the company, earn wealth and piss off. The fact that it destroys the society and makes the whole nation uncompetitive on the world market doesn't matter.
There is nothing wrong with Capitalism given the right incentives, proper controls, and some social responsibility. It used to work, until the rich gutted oversight and regulations.
To be fair, these scroundrels are needed. How else the world hegemony can be taken over by the Chinese, Indian and Russian? If VOC was well managed, you and I probably speaking Dutch right now. I am off to Russian class now. Bye.
The [US] economy is actually fine, and all they know how to do is gut their own companies to "save" money.