by cyphar 8 hours ago
I'm also taken aback with how naive folks are about companies, they really seem to have bought the whole "capitalism is efficient" maxim hook, line, and sinker.
I really struggle to imagine how anyone in a corporate environment has managed to never run into obvious examples of waste like you describe (overpaid consultants and mandatory budgets are classic examples). Office Space came out 27 years ago and has a plotline making fun of overpaid "efficiency consultants" whose only job is to tell management to fire people.
Narratives are the most ungodly effective thing known to mankind, is the issue.
> "capitalism is efficient"
The precondition for that is competition. If some company has idiot managers that waste resources on idiotic things, they're supposed to be wiped out by the companies that are actually smart.
Capitalism requires constant evolutionary pressure and a sort of government directed corporation level eugenics program to constantly apply that pressure in order to function properly. Without that, it's just distributed fascism.