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> But if they are making a large effort to avoid liability, they are doing that as a way to guarantee profits - ie, make money. This can also be viewed as the
by mathgeek 10y ago
> But if they are making a large effort to avoid liability, they are doing that as a way to guarantee profits - ie, make money.
This can also be viewed as the more general "companies act in a way that gives them the best chance of continued indeterminate existence."
- joe_the_user 10y agoWell, I just want to put out that the "greedy or not" discussion frame is just terrible for discussion of issues in a liberal capitalist democracy. Of course, most companies exist to make money. A few companies might other do good things in the mean time (go out of their way to hire under-privileged youth or something). But the assumption of liberal capitalism is that following market forces will usually do good and when it won't there are or should be laws saying otherwise. So the "bad" companies aren't the "greedy companies" but rather those companies which either break the law or "pervert" the law - find their ways around laws that should be there or use their influence to create laws that shouldn't be there. That is, unethical corporations but not necessarily more greedy that a company hoping to make lots of money fully in the bounds of the law. But despite this, "Corporate Greed" is shouted on the left as an objection (an objection that really makes no sense for left, right or center damn it). And with this weak argument on the left, comes the equally disingenuous argument, "not bad because not greedy" which winds-up being a content-less defense. "What you're abusing those people but even aiming to profit by it, tell me again why this makes it OK?"