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Short-Termism

Short-termism refers to a focus on short-term goals and results at the expense of long-term considerations. Short-termism can take a variety of forms and can affect individuals, organizations, and society as a whole.

In the business world, short-termism can refer to a focus on meeting quarterly earnings targets or boosting stock prices in the short term, rather than investing in long-term growth and sustainability. This can lead to a variety of negative consequences, including a lack of investment in research and development, the undervaluation of companies with long-term growth potential, and a focus on cost-cutting rather than innovation.

Short-termism can also affect public policy, as policymakers may be more concerned with meeting immediate political goals rather than addressing long-term challenges. This can lead to a lack of investment in infrastructure, education, and other areas that are important for long-term economic growth and prosperity.

See also government failure

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