I’m currently working with a client that doesn’t have a health endpoint or any kind of monitoring on their new API . They say monitoring isn’t needed because it will never go down.
Naturally it went down on day two. They still haven’t added any “unnecessary” monitoring, insisting that it will never go down.
There is nothing communist about that. He’s not advocating abolishing private ownership. Businesses and workers both operate in the free market, which allows workers to advocate for their position in the market.
The free market doesn’t exist in a communist economy. Communism uses a planned economy, so the government strongly regulates both businesses and workers. This eliminates workers’ leverage over employers.
I first installed OG Red Hat 5.2 in 1998, but my computer had a Winmodem rather than a full hardware modem, so I never got it connected to the internet, which severely reduced how useful it was to me. I got broadband a year later, and that changed everything!
Ah, old Red Hat. What memories. When I tell people my first distro was RedHat 5.2 I need to explain that I don’t mean RHEL.
Why would they have to keep up with their appraisal? There is no downside to not doing it, other than not being worth as much if they want to sell or IPO, but that would be true even without the equity firm’s investment and appraisal. No law says they have to meet the expectations set by a single investor. There is no legal duty requiring a company to maximize profits or shareholder value.
However, even if such a law requiring them to maximize profits existed, it’s very reasonable that they would legally continue making the same types of movies that earned them that value in the first place. There couldn’t possibly be a requirement for them to change business strategies, else every company would eventually all end up in the same, most profitable industry. They’d all be selling movie theatre popcorn or something.