the three corporate objectives: growth, profitability, and pain avoidance

Paul Krugman quotes Charlie Stross in 2010:
Corporations do not share our priorities. They are hive organisms constructed out of teeming workers who join or leave the collective: those who participate within it subordinate their goals to that of the collective, which pursues the three corporate objectives of growth, profitability, and pain avoidance. (The sources of pain a corporate organism seeks to avoid are lawsuits, prosecution, and a drop in shareholder value.)

Corporations have a mean life expectancy of around 30 years, but are potentially immortal; they live only in the present, having little regard for past or (thanks to short term accounting regulations) the deep future: and they generally exhibit a sociopathic lack of empathy.*

“I like it; it’s fun (although William Gibson said much the same thing, I think); but it’s so 1960s, if you know what I mean. … That was then.

“These days, we’re living in the world of the imperial, very self-interested individual; the man in the gray flannel suit has been replaced by the man in the very expensive Armani suit.”

—Paul Krugman*


20210210T2054−08*

*a link; see a note on notes and links; see also a disclaimer / … and maybe browse or search the post archive*

views