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This article begs the question: Is it possible to maintain a cultural sense of ethics in any highly profitable corporation? Are there any examples in history of
by free_everybody 9y ago
This article begs the question: Is it possible to maintain a cultural sense of ethics in any highly profitable corporation? Are there any examples in history of notably ethical corporations that changed the world?
- stevenwoo 9y agoHow big and how much change? There's Ben and Jerry's and Newman's Own, some people might say Costco.
- free_everybody 9y agoOk, that's interesting. I wonder what is the common thread among those three. Could it be benevolent founders who don't hand the reins over to investment partners?
- stevenwoo 9y agoYes on the first two, until Ben and Jerry retired and sold to some multiconglomerate, and since Paul Newman died, some question the direction of the company. Costco is public, but they currently get away with there being a relatively small spread between the CEO and the lowest paid fulltime employee (less than 10x?). Bob's Red Mill might be considered somewhat in the same vein, the owner/CEO recently retired and gave the company to the employees. Tangentially the only non billionaire owned major sports team in the USA is the Green Bay Packers which has shares that are owned by locals.
- uoaei 9y agoJust want to point out that Bob's Red Mill is an example of literal socialism, i.e., the workers own the means of production. And it's working. http://www.oregonlive.com/clackamascounty/index.ssf/2010/02/bobs_red_mill_natural_foods_ro.html http://www.oregonlive.com/clackamascounty/index.ssf/2010/02/...