this post was submitted on 16 Sep 2025
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I think the root issue is more around the belief that US companies operate off of meritocracy.
I.E. only the most qualified and competent people make it to the top.
American execs definitely fail upwards. I have seen pharma execs fuck up to the tune of $200M+ and then get poached for more money.
Or even more basically:
In many instances it can be argued that the decisions they make are not good for the business either, at least in the mid- to long-term.
This is the right statement, in my opinion.
US companies operate off of the Peter Principle, psychopathic willingness and ability to exploit others, and a merciless drive for profit.
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