2 ms·
Yes, within the institutional role, eg as CEO of a company, a person is obliged to make certain decisions. Eg a CEO is obliged to maximize profits for his compa
by Synaesthesia 9y ago
Yes, within the institutional role, eg as CEO of a company, a person is obliged to make certain decisions. Eg a CEO is obliged to maximize profits for his company, otherwise the shareholders will fire him.
So if you’re going to criticize capitalism, you should criticize it as an institution.
- golergka 9y ago> So if you’re going to criticize capitalism, you should criticize it as an institution. This doesn't have anything to do with capitalism. Any political or economical system that has institutionalized roles will have the same conflicts between duty and personal principles. And history shows us, in fact, that capitalism has much fewer of such conflicts than any alternative.
- paulcole 9y ago> CEO is obliged to maximize profits for his company This is not even close to true. https://www.washingtonpost.com/opinions/harold-meyerson-the-myth-of-maximizing-shareholder-value/2014/02/11/00cdfb14-9336-11e3-84e1-27626c5ef5fb_story.html https://www.washingtonpost.com/opinions/harold-meyerson-the-...