Comment by prewett
18 days ago
You're not describing capitalism, you're describing managerialism with a manager-evaluation function of profit.
Managers do not need to be evaluated by EPS, but when you are a public company with diffuse shareholders (who are the actual "capitalists", and who include any of use with a 401k or pension), that's an easy one for people to agree on. Also, when your society gives up on the restraints of (in our case) Judeao-Christian values and say "we're just overgrown apes", well, then you get HBS style of management, because there's nothing restraining acting "because we can". I think we have a spiritual crisis more than an economic system crisis.
The VOC and EIC would like a word. While under these so-called 'Judeo-Christian values' Europe was wildly antisemitic, colonised most of the known world, and subjugated, genocided, and enslaved indigenous populations. The UK even wrote a slave bible. Slavery in the US also happened while these 'values' were held in high regard.
If your personal religious beliefs help you be a good person then that's great for you, keep believing. But historically it doesn't appear that more religious societies are more moral societies.