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All companies with human shareholders will work to maximize profits, be it short- or long-term. If you can provide the environment where any 'evilness' will ac
by tpaschalis 10y ago
All companies with human shareholders will work to maximize profits, be it short- or long-term.
If you can provide the environment where any 'evilness' will actually work against bigger profit, then the shareholders will try to make sure this doesn't happen.
- valuearb 10y agoProfits are proof of societal benefit. The ability to make something customers value at greater than it's cost of creation is the definition of the creation of value.
- Vivtek 10y agoHave you read Brian Alexander's Glass House yet, about how private equity profit was not creating value for Lancaster, Ohio? I encourage it, especially if you're from the Midwest. It's more than a bit confusing from the timeline perspective, but illuminating.