The Hollow Men
American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.
By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.
These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.
In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.
Today, we have severed that link.
We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.
If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.
This looting starts in the boardroom.
We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.
Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.
And for what?
Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.
They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.
And what happens when these boards hire executives who also have no personal capital at risk?
We get the Delegation Economy.
When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.
This is not management. It is intellectual money laundering.
They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.
While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.
If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.
The time for polite governance is over.
If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.
@VChristianus@visegrad24 Well Krampus has nothing to do with Christ, Europe was for the most part of history pagan and this tradition stems from that. Christianity later adopted this tradition with adding Saint Nikolaus and angel alongside Krampus.
@SawyerTomas Je to fakt takhle jednoduchý a bezpečný. Taky vapuju skoro 10 let a míchal jsem si bázi už 8 let zpět, když jsem jako student neměl tolik prachů. No a před rokem jsem začal znova kvůli tomu dementně velkýmu zdanění 😅 Příchutě normálně kupuji, buď malé 10ml nebo Shake&vape.
@SawyerTomas @thedchss Hele je to fakt jednoduchý, koupíš PG a VG v tom poměru jakým to chceš namíchat (50/50, 70/30, atd..) a prostě to sleješ dohromady a promícháš a základní báze je hotová 😁 Teď kupuju český ecoliquid a od nich vyjdou dva litry báze dokonce na dvě stovky.
@SawyerTomas @thedchss Já míchám základní bázi sám, litr PG a litr VG jde i na Alze koupit do 500Kč (mezitím 100ml 50/50 jen kvůli daním je v obchodě za 650Kč), naředím půlkou dvacítky nikotin boosterem a příchutí. 80ml hotovýho liquidu mě tak vyjde na cca max 200-250Kč a vydrží skoro týden.
@kapytalismus@berooshka Nějakou dobu jsem dělal vizualizace pro jednu českou firmu, co dělala instalace pro Vídeňskej Prátr. Ředitel tý firmy mi několikrát opakoval na adresu jeho rakouských klientů ,,Musíte pochopit, to nejsou normální lidi, jsou to Rakušáci”. Už párkrát jsem se o tom sám přesvědčil.
@kapytalismus Taky by se mi nějakej kontakt hodil, zvlášť když průměruji 2-3 denně. Zatím jen vymetám obchody 😅 Nejlíp jsem nakoupil cca měsíc zpět v Lidlu tři kartony Tigera (sugarfree) v Lidlu za 13Kč/kus, včera další dva v Bille za 17Kč/kus.
@HelldiverJ76904 @EX1L3D_L3ARN3R @TinkererYorch @Pirat_Nation Yeah if you stay on same socket or don’t upgrade that often it’s considered more reliable and costs less for sure. Most AIOs can last 5yrs without problems, water pump alone is reliable, but liquid can evaporate over time and as more air gets in there, it then damages the pump.