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Reply #1

In the discussion thread: Kodak moments are coming to an end [View all]

Response to liberal N proud (Original post)

Thu Feb 9, 2012, 12:53 PM

1. This is the case study of the failure of modern capitalism.

Each quarter, a CEO was faced with the decision of investing money into new technology, or to continue to milk as much profit as possible out of the old one.

Each quarter, viewed in isolation, they made the right decision. That quarter's profits were greater than they would have been if they'd made the opposite decision.

Until they went broke. But the CEO's pay was tied to each quarter's profit, so he's gonna be okay.

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Arrow 13 replies Author Time Post
liberal N proud Feb 2012 OP
LineReply This is the case study of the failure of modern capitalism.
lumberjack_jeff Feb 2012 #1
WCGreen Feb 2012 #7
dionysus Feb 2012 #8
Odin2005 Feb 2012 #10
NewImproved Deal Feb 2012 #2
FredStembottom Feb 2012 #3
Tesha Feb 2012 #5
FredStembottom Feb 2012 #11
Tesha Feb 2012 #12
FredStembottom Feb 2012 #13
WhoIsNumberNone Feb 2012 #4
Tesha Feb 2012 #6
dionysus Feb 2012 #9
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