"...a huge number of our leaders are essentially stealing money, but they can't withdraw the money directly, so they have to spend the organization's capital on expensive nonsense to purchase status then convert that status into a better salary somewhere else at a really, really bad exchange rate. It really is embezzling without the charm of efficiency."
https://ludic.mataroa.blog/blog/brainwash-an-executive-today/
[#]corporations #status #MoneyScam
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@Andii ^^^^
Well worth reading this article if you are in software or if you're just looking around at the world and wondering: what the fuck?
TL;DR — well, probably the main useful takeaway is the assertion that there is an elite class of gullible high status people making a lot of money by failing upwards, and a whole ecosystem feeding off them. In the 21st century, these are our masters. :(
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text/gemini