4 ms·
Of course, and that's what I'm saying. We, as consumers and employees of these companies should have a higher standard than "they did it, too".
by aaron-lebo 8y ago
Of course, and that's what I'm saying. We, as consumers and employees of these companies should have a higher standard than "they did it, too".
- scarface74 8y agoSo what alternatives do consumers have? It's the nature of capitalism that every company does what it can to legally maximize profit.
- aaron-lebo 8y agoIt's the nature of those companies, but there's nothing that says capitalism requires that.
- scarface74 8y agoYes it does. The minute a company doesn't maximize profit you will have activist shareholders come in and demand they do something!to increase profit.
- aaron-lebo 8y agoYou don't have to go public and you don't have to always go for short term profit (Bezos didn't, for a long time). This is just how the game is played because that's how it has always been played. It's not very imaginative if we assume that maximizing profit is truly the requirement of all companies, because it's not. There's also nothing that says that customer satisfaction and profit aren't mutual, it's just many companies lean towards profit.
- scarface74 8y agoYes and Jeff Bezos still has a 58B stake in the company that would make it hard for an activist investor to come in. When people really doubted Amazon he had a larger percentage of the company. But Amazon isn't exactly the model of treating thier warehouse workers well.
- jrace 8y agoActually, the very definition of Capitalism is just that: cap·i·tal·ism ˈkapədlˌizəm/Submit noun an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. ==========================
- musage 8y agoStand by your choices instead of pretend they're the only choices to make. Grow the fuck up.