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Many of these "business geniuses" do the following:
It's a Bigger Idiot Scam: buy company, make it look valuable, sell it for profit to a bigger idiot, until someone is left holding the bag.
Except that someone can usually still gut it, sell its assets and push the cost on those that weren't lucky enough to land a new job ahead of time.
I love that the guy’s tattoos change constantly:
So many little details in this comic!
Homer Simpson.
Thing.
Brain from Pinky and the Brain.
Deathbed regret is not working more! Text too small to read! Fighting demonic forces!
Yep. Survived such an idiot.
Did the idiot make more money from that endeavour than you?
(Bcs unfortunately both can be true, financial gain is not exactly related to economic success or sense.)
This is how private equity MBAs have ruined everything.
Thomas Pickety lays out the mechanics of this transference in Capitalism In The Twenty-First Century.
He establishes a comparison between the domestic rate of economic growth (typically measured in GDP) relative to the average return on investment (typically measured by bond rates or annualized stock market asset inflation). He finds that when GDP < ROI, wealth aggregates into the hands of a small pool of elites. Meanwhile, when GDP > ROI, wealth diffuses to the general public (the so-called Trickle Down Economics promised by Reagan).
These leveraged buyouts are only possible when private lenders can generate a compounding return in fictitious assets that outpaces a return investing in material capital and labor improvements. And the compounding return is, at its heart, a consequence of unpaid wages, bad debt, and unaccounted depreciation.
Picketty concludes that the most straightforward remedy to rebalancing GDP and ROI is to tax capital gains. This effectively forces down the ROI, while redirecting cash flow to public investments that boost GDP without triggering an inflationary spiral.
But what he can't answer is how to address the social dynamic that allows taxes to fall and predatory business practices to accumulate. Media manipulation, imperialist plundering, and the exploitation of domestic lower social castes can't be solved with tax policy. Who actually stops the Business Genius from wrecking the factory? What are the real material functions of the economy being controlled? And how do a handful of individuals successfully rent-seek from them without triggering a public revolt?
I know about the other hidden stuff in the comic, but what is this guy?
That, my friend, is a weezotski.
What... The heck... Is going on in that factory!? What's with all the random changes and references?
Seems like they used the cracked magazine approach.
People were fighting demonic forces before the end of their turn, what obviously disrupt the factory's work.
URGENT: ALWAYS COMPLETE YOUR SHIFT AND CLEAN YOUR AREA BEFORE FIGHTING DEMONIC FORCES
So many oligarchs and wannabe oligarchs to choose from...
A wild Homer Simpson appears
I bought the company and I will short the stock.
"THIS TINY TEXT IS WAY TOO SMALL TO BE READ, SORRY!"
So there's Homer, Dr. Bunsen Honeydew, and Brain (From Pinky and the Brain).
Did I miss any other reference?
I live how the title is misspelled.
Edit: My own typo above is unintentional, but too funny to fix.
Classic plot of most of the Reddit revenge and Youtube channels.