By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 13/06/2026Further: it would be absurd to hold managers to the "make as much money as possible" standard in a competitive market, because in that market, there will *always* be a company that comes in second. 11/ 2380
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 13/06/2026If "as much money as possible" is the standard and you're Chairman of the Board of the number two company, with $10b in profit, while the number one pulled in $11b, "as much money as possible" demands that you fire the C-suite immediately, since they objectively could have done 10% better. 12/ 2340
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 13/06/2026So the *real* standard isn't "make as much money as possible," it's "*try* to make as much money as possible." And here again, there's no objective way to evaluate managerial performance. Target made a lot of money by selling Pride merch...until they didn't. 13/ 2340
i027614.eurosky.social @i027614.eurosky.social · 13/06/2026But the comparison shouldn't be between company A and company B, but between the real company A and the ideal company A, between its real profit and an ideal amount of money nobody can compute. :-( 000
