Two of Silicon Valley’s famous venture capitalists make the case for backing Trump: that their ability to make money is the only value that matters.

  • Rapidcreek@lemmy.world
    link
    fedilink
    arrow-up
    5
    arrow-down
    2
    ·
    2 months ago

    So the Mayor of South Bend, Indiana, fixed the price of bread in Canada? My, my. And who do you fix prices for?

    • Viking_Hippie@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      2
      ·
      2 months ago

      He might be a shitty Doogie Howser knockoff, but he wasn’t born as mayor. 🙄

      Before that, he worked as a consultant for the profiteering maximization firm McKinsey for 3 years.

      • Rapidcreek@lemmy.world
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        2 months ago

        So, you’re telling me he worked for an investment firm and played a market? I’m shocked. Next thing you’ll be telling me is that as a DA, Harris put too many people in jail.

        But, you know the story you won’t tell? That they created several million dollar businesses and sent them into bankruptcy, leaving the little guy holding the bag.

        Why? Because, they were actually good at their jobs.

        • Viking_Hippie@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          2 months ago

          When your job is extracting as much money as possible, including via unnecessary mass layoffs, being good at your job is a BAD thing.

          His job was to help screw workers over to maximize the wealth of already rich people and to a certain degree, it still is.

          • Rapidcreek@lemmy.world
            link
            fedilink
            arrow-up
            1
            arrow-down
            1
            ·
            2 months ago

            Spoken like a guy who has never been in business. Maximizing profit is what you are paid to do. I’ve worked for large corporations and created small companies. Without the realization of that fact, you cannot be successful in either.

            • Viking_Hippie@lemmy.world
              link
              fedilink
              arrow-up
              2
              ·
              2 months ago

              Maximizing profit is what you are paid to do

              Which is a societal disease, not an immutable fact of life. Seeking profit maximizing at the expense of the workers and/or the quality of the product or service you offer is not virtuous or natural.

              Without the realization of that fact, you cannot be successful in either.

              That’s just false. Many of us would consider providing a good product or service and providing gainful employment the end goals of commerce. Not maximizing profit at the expense of everything else like a goddamn parasite.

              • Rapidcreek@lemmy.world
                link
                fedilink
                arrow-up
                1
                arrow-down
                1
                ·
                2 months ago

                It’s not a disease for anybody who believes in free enterprise. It’s true for management and workers.

                Building good product and services is a way to maximize profits. It really isn’t an either/or situation.

                • Viking_Hippie@lemmy.world
                  link
                  fedilink
                  arrow-up
                  3
                  ·
                  2 months ago

                  believes in free enterprise

                  Like religion, that’s a concept the powerful made up to control the market.

                  Truly “free” enterprise, IE unburdened by regulations, inevitably ends up with the powerful dominating the powerless.

                  As I’m sure you’d agree, being dominated by someone who’s more powerful than you is nobody’s idea of free. In fact, even if you’re into it, it tends to be rather expensive.

                  Building good product and services is a way to maximize profits. It really isn’t an either/or situation

                  That used to be the case, sure, but nowadays there’s all sorts of ways to tweak profits that necessitates compromising on either quality (including treatment of workers) or profits.

                  So if you want to maximize (achieve the maximum of) profits, you literally have to compromise the quality, how you treat your workers, or both. Almost all companies do both.

                  • Rapidcreek@lemmy.world
                    link
                    fedilink
                    arrow-up
                    1
                    arrow-down
                    1
                    ·
                    2 months ago

                    I’ve only seen such opinions from Iron curtain countries that strive to get enough toilet. paper. Good luck with that, btw.