3 ms·

I'm not sure that morality would be an issue. The duty of companies in a capitalist system is simply to make money for their owners. If profit is maximised by s

I'm not sure that morality would be an issue. The duty of companies in a capitalist system is simply to make money for their owners. If profit is maximised by selling fewer copies for higher fees, that's what they are supposed to do.

IntronExon 9y ago
https://www.hrexchangenetwork.com/hr-management/columns/the-purpose-of-business-is-not-to-make-a-profi https://www.hrexchangenetwork.com/hr-management/columns/the-... http://thecro.com/topics/25115/the-myth-of-the-profit-motive/ http://thecro.com/topics/25115/the-myth-of-the-profit-motive... https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-value-myth/ https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v... https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co... https://sloanreview.mit.edu/article/why-making-money-is-not-enough/ https://sloanreview.mit.edu/article/why-making-money-is-not-...
gowld 9y ago
Please delete this irrelevant and incorrect widely debunk myth.
- incompatible 9y ago
  Very few of the misdeeds that Elsevier are accused of seem to be illegal. There's a claim that they publish copyright violations in some cases. It seems like people are saying that there's some sort of capitalist code of conduct and Elsevier isn't living up to it, so it's not the fault of capitalism if the current situation sucks.
  - IntronExon 9y ago
    If you’re committed to ignoring substance in favor of rhetoric, you need to work on your rhetoric. A lot. I doubt that many here will be interested in shifty replies which fail to touch the substance of previous posts.
icelancer 9y ago
>>The duty of companies in a capitalist system is simply to make money for their owners Shit. I am an owner of a company that makes millions of dollars per year and that is not how I run my business. Hmm. I must have missed the ownership memo.
Vinnl 9y ago
Even if that's what they're "supposed to do" (and I do agree to some extent that that holds for Elsevier), that doesn't make them a Good thing. Doesn't make them evil, either, but when any alternative is likely to be better, I won't shed a tear if they go away.

IntronExon 9y ago

https://www.hrexchangenetwork.com/hr-management/columns/the-purpose-of-business-is-not-to-make-a-profi https://www.hrexchangenetwork.com/hr-management/columns/the-... http://thecro.com/topics/25115/the-myth-of-the-profit-motive/ http://thecro.com/topics/25115/the-myth-of-the-profit-motive... https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-value-myth/ https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v... https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co... https://sloanreview.mit.edu/article/why-making-money-is-not-enough/ https://sloanreview.mit.edu/article/why-making-money-is-not-...

gowld 9y ago

Please delete this irrelevant and incorrect widely debunk myth.

incompatible 9y ago
Very few of the misdeeds that Elsevier are accused of seem to be illegal. There's a claim that they publish copyright violations in some cases. It seems like people are saying that there's some sort of capitalist code of conduct and Elsevier isn't living up to it, so it's not the fault of capitalism if the current situation sucks.
- IntronExon 9y ago
  If you’re committed to ignoring substance in favor of rhetoric, you need to work on your rhetoric. A lot. I doubt that many here will be interested in shifty replies which fail to touch the substance of previous posts.

icelancer 9y ago

>>The duty of companies in a capitalist system is simply to make money for their owners Shit. I am an owner of a company that makes millions of dollars per year and that is not how I run my business. Hmm. I must have missed the ownership memo.

Vinnl 9y ago

Even if that's what they're "supposed to do" (and I do agree to some extent that that holds for Elsevier), that doesn't make them a Good thing. Doesn't make them evil, either, but when any alternative is likely to be better, I won't shed a tear if they go away.