Yes, I guess that's true: I just can't fathom how capitalism works unless a little troll like you can enlighten me. I've only worked in mergers and acquisitions for the past twenty years.
I couldn't help notice how you managed to avoid the substance of my comment about the fate of the New York Times. If you'd bothered, you might have come to the conclusion that Pinch Sulzberger would rather run a far left-wing paper than a profitable one. His rather unfortunate shareholders probably have.
History contains a few examples of people and businesses and countries that preferred a ruinous ideology or course of action to a wise and common-sense one, but those examples are probably not of much interest to such a font of wisdom as yourself.
You just stay put in your self-satisfied little troll bubble, and come out and bite us when the mood suits.
If you believe anyone would rather run a business by agenda than by profit, you are a total simpleton and despite your “credentials” know nothing about business.