How do you explain Carly Fiorina then?
I don't have to explain Carly Fiorina. She is a brilliant woman with a great mind and was a great CEO for HP and others. The thing about free market capitalism is, it sometimes changes with the markets and there is nothing a CEO can do about that. You see... we don't exist in a Utopian universe where everything is always fair and perfect. Trends come and go, things change, situations and circumstances change with the times.
In the early 1900s, all the buggy whip makers in America went under. Was it because they had bad CEOs running their companies? Or was it because times changed and buggy whips were no longer needed by the market? Was it "fair" that all those people lost their jobs through no fault of their own? No, but free market capitalism isn't always fair.... nothing is... LIFE is not FAIR!
So... Someone who made buggy whips all those years, perhaps they decided to start making belts, hoses and upholstery for automobiles? This is how free market capitalism works. Things come and go, people change, businesses change. 20 years ago, there was a VHS movie rental store on virtually every corner... you don't see them anymore because something better came along. Is that FAIR? No, it's Capitalism!