It's genius if you don't have a shred of ethics left in your bones.
Not having ethics/empathy is actually _really dumb_ way to run a company.
They end up making a lot of people miserable. Eventually, all of the technology, market advantage yadda yadda catches up. IBM, Yahoo, heck even Meta/Facebook. Amazon won’t last.
But in their wake, they leave behind very different testimonials.
Working people to a grind has its obvious needs in times of crisis — I mean, that is literally what nations do via conscription in times of war. Everybody knows that.
But prop that culture up in a so-called attempt to stave off laziness, rest-and-vest or whatever and you’ll end up in state of perpetual war: a bleak, stupid world not even worth living in, let alone worth dying for.
People opt in to this. They choose it over all of their other options because they believe it to be better than their other choices.
Is that really the world we live in? Have you met rational humans? Are we living in ideal markets?
Truth is, bad situations of all sorts are springing up and remaining in place long-term. A closer look at each individual issue (as done in this thread) reveals complex factors that need to be adressed. Using a simplistic model from economics to ignore any and all ethics (term used loosely for any attempt to do what's right) is not valid imo.
I then googled just in case I might have missed something, but it says "ethical" is "relating to moral principles or the branch of knowledge dealing with these", so again…