AH yes, capitolism at its best, fuk the employees so I can make my multi million dollar bonus. Hell I,ll even fuk the stockholders to protect my bonuses.
It's not just capitalism that's the problem here, though, Rabel; it is specifically shareholder
capitalism that is the problem. Business behave differently depending on what kind of entity owns them. In the 19th century, businesses were built to last, because the person that owned them was the same person running them and the same person who imagined them glorious and strong in the first place. Employees may have worked for ****, back in the days of yore, but at least they knew their jobs were going to continue to be there. These days shareholders only care about stock prices and immediate dividends, so CEOs have no choice but to jeopardize the company's future in order to produce those things. Short term gain over long-term sustainable success -- that's shareholder capitalism.
We're on the right track, though, I think, in our tax code. We tax long-term capital gains less than short-term capital gains, encouraging investors to stay with a stock for at least a year. That is a good thing, IMO. It forces the company's owners (shareholders) to think about long-term value.