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This is called the Freidman Doctrine [1], and didn't exist until 1970. Before this stupid idea got popular, companies were actually concerned with how their act
by simplify 8y ago
This is called the Freidman Doctrine [1], and didn't exist until 1970. Before this stupid idea got popular, companies were actually concerned with how their actions impacted society. They weren't the souless profit-seeking machines you see today.
[1] https://en.wikipedia.org/wiki/Friedman_doctrine https://en.wikipedia.org/wiki/Friedman_doctrine
- refurb 8y agoReally? Seems like the past is ripe with abuses by corporations - pollution, child labor, tax avoidance. I think you need to take your rose colored glasses off.
- simplify 8y agoI think you need to stop making personal jabs. I never said the past was perfect – that's a strawman. But it's self-evident that companies on average used to think contrary to what Freidman was proposing. That's why he was arguing for it in the first place!
- tivert 8y ago> Really? Seems like the past is ripe with abuses by corporations - pollution, child labor, tax avoidance. And before the Friedman Doctrine, they could be more easily condemned for their lack of social responsibility without the constant refrains that the only duty a corporation is to make money for its shareholders.
- gammateam 8y agoHow much a private company pays for infrastructure and protection has nothing to do with the Friendman Doctrine. It has to do with the consistency of due process from the group demanding payment. The only meme you presented was the idea that groups recognized as governments are a more respectable group to pay and secondly that their arbitrary levies are to be respected at any arbitrary amount. And that combination of ideas working together is pretty new, there is simply no reality to support the view of the world someone else convinced of when you were young. You can donate directly to the Treasury if you want to imagine more roads and schools are going to be built.
- ardy42 8y ago> The only meme you presented was the idea that groups recognized as governments are a more respectable group to pay and secondly that their arbitrary levies are to be respected at any arbitrary amount. That's a pretty anti-democratic "meme." Some "governments are a more respectable group to pay" because they're the collective us, not some arbitrary other.
- gammateam 8y agothose collective us governments also have created the abilities to reduce the tax claims on people’s money
- solarkraft 8y agoDo you want to trust companies to do the right thing? Do you do the same thing with people on a large scale? Why exactly were laws invented? > stupid Elaborate.