The Atlantic: How to Stop Short Termism in Business.

There are a few reasons why short-termism has become more prevalent in America.

It started in the Reagan years, people. Pre-Reagan, a nice 3-5% rate of growth per year was acceptable to corporate governance and investors. During and after Reagan's tenure, any company that couldn't field 10% a year was considered a poor investment. That only got worse over time, to the point where we have short term disposable corporations.  Sort of like 'fast fashion', as cast against models of corporations.