Grrowwth

[arpad]

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In a dream world of recession a corporation would strive to be the most effective, most profitable, most competitive. Growth of its market share will come as a bonus.

In a real world they still fight for that growth. Pouring credit reserves into high risk strategies. Cutting costs to get good looking reports as if there are no tomorrow.

The winter is coming, I tell you, the winter is coming.

Comments

[jordan179.livejournal.com]

You're quite right -- but you're also describing, whether you realize it or not, why catallactic competition (aka "capitalism") works better than other economic systems. For in a competitive system, the corporations who fail to adapt to the economic climate lose market share, and ultimately may fail, leaving the field to their wiser competitors. The very same pressures exist on State enterprises, but the difference is that the State can shift the losses onto someone else.