RT @edzitron
The Rot Economy is a central problem to almost everything that's going on with big corporations right now. Wall Street doesn't reward sustainability - it rewards growth. Only growth. Must get bigger. Must get more. Who cares about the cost.
https://ez.substack.com/p/the-rot-economy https://twitter.com/maxfperry/status/1652719304192983041
The Rot Economy is a central problem to almost everything that's going on with big corporations right now. Wall Street doesn't reward sustainability - it rewards growth. Only growth. Must get bigger. Must get more. Who cares about the cost.
https://ez.substack.com/p/the-rot-economy https://twitter.com/maxfperry/status/1652719304192983041
The Rot Economy
At the center of everything I’ve written for the last few months (if not the last few years), sits a cancerous problem with the fabric of how capital is deployed in modern business. Public and private investors, along with the markets themselves, have become entirely decoupled from the concept of what “good” business truly is, focusing on one metric — one