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The is called privatizing profit and socializing risk. Current management philosophies are all about mining assets and when the mine is empty, move on. It used
by rsprinkle 2y ago
The is called privatizing profit and socializing risk. Current management philosophies are all about mining assets and when the mine is empty, move on. It used to be about growing assets.
- uoaei 2y agoanother way to articulate that dichotomy is through the lens of industrial vs financial modes of capitalism.