Pearson, the Financial Times and the culture of modern capitalism

Letter to the FT by Daily Mail group director on the difference between business ownership based on ‘long term value’ and the need to make quick profitsA short letter in Wednesday’s Financial Times makes for fascinating reading. Stimulated by Pearson’s sale of the FT to Nikkei, it poses profound questions about the nature of modern capitalism: Sir, The biggest mistake Pearson has made in the past 25 years occurred in the early 1990s when the representatives of the original owners retired. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-07-29 00:00:00 UTC ]

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Pearson, the Financial Times and the culture of modern capitalism

Letter to the FT by Daily Mail group director on the difference between business ownership based on ‘long term value’ and the need to make quick profitsA short letter in Wednesday’s Financial Times makes for fascinating reading. Stimulated by Pearson’s sale of the FT to Nikkei, it poses profound... Continue reading at The Guardian

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