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Another Great Long-Form Exploration by John Oliver: Bias in Medicine [VIDEO]

204
KGxvi8/19/2019 2:49:07 pm PDT

re: #203 Wendell Zurkowitz ((slave to the waffle light))

because it is based on maximum profitability and not on stability or sustainability

This is, I think, a byproduct of treating capital gains as a different category of income from wages. It creates an incentive structure for corporate executives (many of whom have stock options or are otherwise invested in the company) to increase the short term gains while paying little heed to the long term ramifications. That is also the reason why, I think, that privately held companies operate so much differently than publicly traded ones