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Phil Spencer blames capitalism for being bad at his job (www.pcgamer.com)

posted 267 days ago by triforce28 267 days ago by triforce28 +39 / -0

Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing busi...

Spencer said publicly traded companies have to show constant growth or else nobody will give them money.

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– smokeypanda PRO 2 points 266 days ago +2 / -0

It is underappreciated in the mainstream how irregulated wall st is, just like health care, travel, banking, and any other despised industry of modern society. Capitalism would be letting stock markets decide if insider trading is permissible, not federal congress. Quarterly obsession is a combination of a forced framework and a century of abysmal financial policy.

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