6 ms·

100% we do not need one company that makes everything hi there Samsung.

• mschuster91 14d ago
  Conglomerates may not be as nimble and agile as single-focus companies, but they are uniquely more resilient to economic shock events, and branches being "unprofitable" for a time can be supported by others. Unfortunately, MBA beancounter/neoliberal extremism aka "throw out everything not the core business" has become the norm... and so, with Covid, Ukraine and Trump's tariff and Iran wars, we got a ton of "single focus" companies that are struggling hard, and with everything deemed "not the core business" including internal IT, cleaning etc. sourced out, many a corporation has become internally enshittified.
  • airstrike 13d ago
    Conglomerates aren't a strictly optimal form of organization. They are more resilient, but they are also massively bureaucratic and can lose their focus. They may also be able to exert a disproportionate amount of leverage on vendors and suppliers. I'm not saying infinitely asset-light companies are strictly superior either. I'm saying there's no silver bullet or free lunch here. If you look at it from one layer above, capital markets that enable the continuous recycling of corporate structures into smaller or larger as needed are more resilient than those in which company structures are ossified. Of course not every deal is for the better. But no M&A isn't good either. Speaking as a former Wall St M&A banker.
• kelvinjps10 13d ago
  The other day I was looking up Samsung and they make everything in south Corea, even boats and all kinda of stuff
  • mastermage 9d ago
    AFAIK they also Rent out Apartments