as might seem curious but in such a way that your learned cynicism deprives you of surprise, the rich are remarkably inept at managing wealth:
> The tragedy of digital media isn’t that it’s run by ruthless, profiteering guys in ill-fitting suits; it’s that the people posing as the experts know less about how to make money than their employees, to whom they won’t listen.
why is it that so many workplaces work the very same way?
https://theconcourse.deadspin.com/the-adults-in-the-room-1837487584
@garbados Because we had an entire generation of white men raised with Objectivist principles undercut by a system of privilege that prevented them from failing when they should have failed?
Oh! And wealth that isolates them so far from the real world they no longer understand how it works?
Oooh, and Bonus points: A system exists that rewards tenured mediocrity instead of innovation?
