like I went to taco bell and they didn’t even have napkins out. they had the other stuff just no napkins, I assume because some fucking ghoul noticed people liked taking them for their cars so now we just don’t get napkins! so they can save $100 per quarter rather than provide the barest minimum quality of life features.
Dumb question: did the laws change or was it a change in trends to maximize shareholder returns?
There was a cultural shift in the 1970s:
See https://corpgov.law.harvard.edu/2019/08/22/so-long-to-shareholder-primacy/#:~:text=The shift to shareholder primacy,increase its profits.” Subsequently%2C
Why did that change?
I think it was a self-beneficial fad. All the rich shareholders think it’s a great idea, as do many on boards (since the shareholders elect them), so it becomes dogma. All fads eventually lose their shine, as this one is.
But I’m neither an economist, nor a historian, so take my guess with a big grain of salt.
A shift in corporate mindset to maximize growth and profit. Go research Jack Welsh.
https://podcasts.apple.com/gb/podcast/part-one-jack-welch-is-why-you-got-laid-off/id1373812661?i=1000612309266
Not at all is that a dumb question.
See the other comments.
It is much more cultural than anything else.
As the stock market moved from buy and hold for the long term to the more manic trading we see today where shit like robinhood allows everyone to trade options