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Skeptical Science Debunks the Deniers

377
Obdicut (Now with 2% less brain)11/30/2009 6:21:18 pm PST

re: #374 Naso Tang

I’m sorry, but that doesn’t seem accurate to me. There are lots of “we make real, physical stuff” companies that go under when a technological change occurs because of inability to adapt. It’s one of many reasons that can cause a corporation to go under, but a corporation gains no special protection because of their size.

Plenty of companies survive into the next generation as well by the exact tactics you talked about, but not all of them. And many companies ‘merging’ are actually that company failing and being taken over by another one. That’s not beneficial to the officers of that company, in the least, and it usually isn’t to the stockholders, either.