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Old 05-03-2026 | 09:59 AM
  #838  
Wingtip220
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Originally Posted by gottagetout
Its truly disgusting how the lives of employees and their families are turned upside down because of bad managerial decisions, yet the same people making all the bad decisions walk away with a multitude of millions of dollars and most likely board seats at other companies.

Disgusting you say, ask any current Delta, United, or one of the other thousands of currently profitable companies and they will be heaping praise on their management teams. BUT……. Those companies have also been through tough times with concessions, furloughs, mergers and failed executives. This is how Capitalism works and I wouldn’t want to live in any other form of economic model. Socialism works until the money runs out, Communism works for those who sacrifice freedom and suck the toes of the party, the rest of the population eats scraps or doesn’t eat at all. I know this because my neighbors are Cuban and have family still in the mainland and the only reason they’re still alive is because of the sustenance that my neighbors send monthly.

You work for a publicly traded company and management’s only responsibility is to abide by the fiduciary requirement to maximize returns for the shareholders. I’m not a management plant, I fly the line and know my place. If you’re disgusted with how Capitalism works for the working man then go out and get that MBA and start your very own company. At least in the USA you are afforded that opportunity. This world owes you nothing.
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