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In reply to the discussion: Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt company [View all]sfwriter
(3,032 posts)It is the term economists use to describe what you are talking about. I, for one, don't enjoy being creatively destroyed to make someone else rich. It comes from the theory that efficiency is borne by technology cycles that, by necessity, require the destruction of the preceding order.
The classic analogy is that traditional agriculture had to die to make the Illinois Central profitable. Railroads erased traditional economies, shifting the previous agricultural model to one of commodity production and trading.
It's not just that management has nothing in common with the worker, they have no relationship with the entire existing order from consumer all the way back to field or mine or drawing board. It is all abstractions, and you are correct, it should be a crime.