Thread: Gloom
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Old June 18th 07, 08:37 AM posted to rec.aviation.piloting
Mxsmanic
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Default Gloom

Neil Gould writes:

I hope the infusion of cash from Honda to build the PiperJet isn't being
called "profit". That would spell the end of the company in a very short
time.


In today's world of anonymous and institutional shareholders, a very short
time is the only kind of time--nobody plans for the long term. The objective
is to make maximum profits in minimum time. If a company ceases to do that,
it is carved into pieces and sold. Nobody cares about what the company
produces or how long it lives; it's just an interchangeable profit machine
that is dismantled and discarded once it ceases to produce profits quickly
enough.

That's the way all large public corporations are being managed these days, and
the results for society are always the same.