I get his premise - companies whose stock isn't selling at peak (or nearly so) are underperforming for the shareholders. However, not for more than a few sentences did the show explore what happens when this philosophy is taken to the extreme. This means having to sell assets not contributing to the bottom line, or closing 'underperforming' assets, laying off hundreds, and thousands. This is the legacy of this philosophy. This is why we've got terms such as 'rust-belt', fly-over country, and so on.
This is why so many people are pushing for 'Stakeholder' Capitalism - take into account everyone effected by a job. Doesn't demand 100% efficiency, is more humane and spreads the rewards of a company more evenly.
This showing makes him seem altruistic. It's like praising the 1% for the illnesses effecting our country, instead of recoiling in horror.
This is why so many people are pushing for 'Stakeholder' Capitalism - take into account everyone effected by a job. Doesn't demand 100% efficiency, is more humane and spreads the rewards of a company more evenly.
This showing makes him seem altruistic. It's like praising the 1% for the illnesses effecting our country, instead of recoiling in horror.