Quote:
Originally Posted by SFL Cat
Where there is a profit INCENTIVE and COMPETITION for that profit, there is innovation and striving for excellence...or does that idea only apply to EA products?
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Like in the insurance industry?
In a normal situation, you are correct. But when companies are so big that their failure puts the whole country at huge risk, things change. The people at AIG didn't care about AIG, they cared about their bonuses and share price. Perhaps 50 years ago when people took pride in their companies and stayed with them for a long time this would be the case, but it's a different environment now. These guys were nothing more than pirates coming in, raiding the loot, and then moving on
Broad ideologies just don't cut it in this day in age.