Corporate America took advantage of the Covid shortages and fiscal largesse to profiteer on a scale criminals could only dream of.

Which brings us to the terminal rot in Corporate America, a rot so deep and pervasive that few recall that Corporate America once had some purpose other than increasing profits next quarter to boost “shareholder value.”

The moral rot in Corporate America goes unnoticed in a society in terminal moral decay. Why should corporate fraud, profiteering, deception and extortion attract our attention when self-service is the norm, lobbyists write regulations, legislators tell us we’ll find out what’s in the bill after they pass it into law, tax fraud by the wealthy is accepted practice, and so on in an endless stream of avarice and corruption?

But the rot isn’t just moral; it’s also the rot of reducing the entirety of enterprise to one goal: increase profits by any means available.

No wonder CEOs and corporate “innovators” are busy building private bunkers to protect themselves from the banquet of consequences they’ve laid out. To say this out loud is unacceptable, for those running the show are, well, shareholders.

https://www.zerohedge.com/geopolitical/terminal-rot-corporate-america