Sometimes we make normal assumptions, like with all the great talent, business schools, management experience, that the CEO's are brilliant. Many are not. Same with politicians, we trust them to be smart enough to do correct things and be competent, ad boy have we learned that lesson when we see countless examples, Like kamala in charge of border policy and a gay mayor who couldn't fix a pothole running the most complicated transportation system in the world.
And it’s also a lot to do with people’s focus on short-term financial results, and keeping the stock price up at all costs.