People joke about companies being too big to fail, but Samsung is the largest of a group of conglomerates that basically run South Korea. They know there’s no way the government will allow them to collapse since they would take the Korean economy down with them. Why not take the most profitable route when there’s no risk (to them, which is all they care about)?
As crazy as it seems, these companies are staffed by actual humans who still have to live in the world they create. Profits won’t mean much if they use them to ruin everything around them. Not that they’re smart enough to realize that.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
No game suggestions, friend requests, surveys, or begging.
No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates.
(Submissions should be from the original source if possible, unless from paywalled or non-english sources.
If the title is clickbait or lacks context you may lightly edit the title.)
People joke about companies being too big to fail, but Samsung is the largest of a group of conglomerates that basically run South Korea. They know there’s no way the government will allow them to collapse since they would take the Korean economy down with them. Why not take the most profitable route when there’s no risk (to them, which is all they care about)?
As crazy as it seems, these companies are staffed by actual humans who still have to live in the world they create. Profits won’t mean much if they use them to ruin everything around them. Not that they’re smart enough to realize that.