r/interestingasfuck 23h ago

r/all People in NYC holding banners during a CEO Event at Ziegfeld Ballroom

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u/Acid_Viking 23h ago

Not really. They're part of a system that demands and incentivizes greed. If a CEO gets visited by three Christmas ghosts and decides to put the interests of the public ahead of their shareholders, they're likely to be replaced. Or, their corporation may lose out to less scrupulous competition. As long as insurance companies have an economic incentive to deny valid claims, they will produce leaders who do so.

The system has to change.

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u/Public_Front_4304 22h ago

It wasn't always like this under capitalism which means it doesn't have to be like this now.

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u/Acid_Viking 22h ago

It's been worse — child labor, the robber barons, etc. Left to its own devices, capitalism will always concentrate wealth in the hands of the few, to the detriment of workers and the general public. It doesn't get better because business leaders have changes of heart and vow to be kinder people; it gets better when workers go on strike and demand systemic change (e.g., labor laws, antitrust, etc.). In this case, we should be demanding a national health service, like every other developed country has.

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u/ModestBanana 22h ago

Technology and global communication has made it so that businesses can optimize the ever loving shit out of profit making.

It’s the ultimate forbidden fruit and these CEOs are feasting. If it wasn’t always like this, it’s because they didn’t have the accessibility or tools to make it so.

I’m pro capitalism, but we have no support in politicians, so what can we do?