There's a serious problem in the market, which is that publicly traded corporations pay the people who run them largely in stock. This gives the people in charge a very short-term view, because their pay is based on the difference in share prices over a short period of time.

What this means is that the market is very poor at long-term thinking and investing (which is why I agree with Andreesen about dual class stock structures). In short (and he sums it up better than I could, so read his article if you want clarification) our market has become very bad at long-term strategizing.