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This implies that large corporations act like normal people, which really isn't the case. The shareholders of publicly traded companies expect exponential grow
by TheAdamAndChe 9y ago
This implies that large corporations act like normal people, which really isn't the case.
The shareholders of publicly traded companies expect exponential growth, and if the managers and owners don't provide that growth, the board of directors kicks them out and replaces them with someone who will drive that growth, regardless of the effect on the workers. When corporations naturally behave sociopathically, it's only natural to treat them differently from normal people.
Edit: To those downvoting me, could you please explain why? If I'm interpreting something incorrectly, I would like to know.
- benlorenzetti 9y agoI did not down vote you but most stock owners do not expect exponential growth from the company. They expect linear dividends, which they can reinvest to get exponential growth.
- deleted 9y ago[deleted]