Wesley LePatner, a Blackstone executive who served as CEO of the firm’s real estate income trust, was among four people killed Monday when a gunman opened fire in a Midtown Manhattan office building that houses Blackstone’s global headquarters.
Wesley LePatner, a Blackstone executive who served as CEO of the firm’s real estate income trust, was among four people killed Monday when a gunman opened fire in a Midtown Manhattan office building that houses Blackstone’s global headquarters.
Presumably that’s a question of the founders, the rules and laws of the system, the state of the market and technology. For example if profit can be improved mostly by marketing, this will lead to marketing people be promoted and run the corporation. If it’s a publicly traded company it’s likely to become more like an artificial intelligence hellbent on profit (or a demonic entity incorporated into a swarm of drones).
What are the factors that make corporations like good or bad for society should be long studied and taught in high school and everybody should know them - if you’d wanted capitalism to work as advertised. It should be a major focus of our society.