this post was submitted on 16 Sep 2025
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[–] Tim_Bisley@piefed.social 210 points 11 months ago (16 children)

The issue I feel, is we live in a society that equates money with importance. This guy over here made lots of money so he must be smart right? No, no it doesn't.

The headline should be Stop Talking to Technology Executives, Tax Them.

[–] SoupBrick@pawb.social 88 points 11 months ago* (last edited 11 months ago) (5 children)

I think the root issue is more around the belief that US companies operate off of meritocracy.

I.E. only the most qualified and competent people make it to the top.

[–] DonkMagnum@lemy.lol 48 points 11 months ago (1 children)

Or even more basically:

  • what's good for business is generally not what's good for society.
[–] biofaust@lemmy.world 12 points 11 months ago (1 children)

In many instances it can be argued that the decisions they make are not good for the business either, at least in the mid- to long-term.

  • What's good for ~~business~~ stockholders is generally not what's good for society. FTFY
[–] jjlinux@lemmy.zip 3 points 11 months ago

This is the right statement, in my opinion.

[–] gravitas_deficiency@sh.itjust.works 28 points 11 months ago

US companies operate off of the Peter Principle, psychopathic willingness and ability to exploit others, and a merciless drive for profit.

[–] SaveTheTuaHawk@lemmy.ca 5 points 11 months ago

American execs definitely fail upwards. I have seen pharma execs fuck up to the tune of $200M+ and then get poached for more money.

[–] A_norny_mousse@feddit.org 4 points 11 months ago

fry_not_sure_if_serious.jpg

[–] clif@lemmy.world 1 points 11 months ago

Who was it that said that the mark of a good leader is that everyone working under them is smarter than the leader?

By that metric, the C level are the dumbest people in a company.

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