

If only there was a way to save money. Oh right, let’s just lay off some peons (by making them quit so we don’t have to pay severance) and pay the rest less while they take on the work that used to be done by multiple people. The CEO using a private jet to commute? That’s clearly a necessary expense.
Econ 101 also states that a failed business stops existing. In reality, failed businesses are endlessly bailed out as “too big to fail” and they pay their executives bonuses with that bailout money while continuing to rip off customers along with the other one or two companies in the same industry that do the same.