Doc Edward Morbius ⭕<p><span class="h-card"><a href="https://wandering.shop/@Sivation" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Sivation</span></a></span> Risk is something that private enterprise is very curiously dysfunctional about.</p><p>To one extent, incorporation and corporations are risk-externalising machines.</p><p>To another, they specifically ignore systemic risks or those that they don't understand / feel unable to control.</p><p>Some of that latter is explained, I think, by <em>investors'</em> incentives, where to an investor a given enterprise <em>is simply one element within a larger risk pool</em>. Failure is unfortunate but a diversified event. For those <em>directly engaged</em> with an enterprise (its workers, often officers, vendors/suppliers, customers, and frequently neighbours within the space the enterprise operates), that risk is <em>not</em> diversified and is far more consequential.</p><p>You could also include employees, consultants, and/or contractors <em>who have high mobility</em> relative to the firm itself. If you're able to hop to another gig, or use a firm as "resume-driven development" (common practice in infotech), then <em>personal</em> and <em>organisational</em> risk profiles are similarly misaligned.</p><p>Much of the schizoid behaviour of businesses regarding various risks makes far more sense in this context.</p><p><span class="h-card"><a href="https://polyglot.city/@zombiecide" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>zombiecide</span></a></span> <span class="h-card"><a href="https://retro.social/@ajroach42" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>ajroach42</span></a></span> </p><p><a href="https://toot.cat/tags/risk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>risk</span></a> <a href="https://toot.cat/tags/incentives" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>incentives</span></a> <a href="https://toot.cat/tags/OrganizationalBehaviour" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OrganizationalBehaviour</span></a> <a href="https://toot.cat/tags/diversification" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>diversification</span></a> <a href="https://toot.cat/tags/PrincipleAgentProblem" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PrincipleAgentProblem</span></a> <a href="https://toot.cat/tags/Capture" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capture</span></a></p>