There's a real gem tucked in here, not specific to Elsevier, but about corporate social misbehavior and its apologists in general: > For what it’s worth, I thi

There's a real gem tucked in here, not specific to Elsevier, but about corporate social misbehavior and its apologists in general: > For what it’s worth, I think the “fiduciary responsibility” argument–which seemingly gets trotted out almost any time anyone calls out a publicly traded corporation for acting badly–is utterly laughable. As far as I can tell, the claim it relies on is both unverifiable and unenforceable. In practice, there is rarely any way for anyone to tell whether a particular policy will hurt or help a company’s bottom line, and virtually any action one takes can be justified post-hoc by saying that it was the decision-makers’ informed judgment that it was in the company’s best interest.