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> How is that “evil”? Isn’t that the crystallization of the teleological purpose of a company? > The ideal company works to maximize shareholder value. And not
by ardy42 8y ago
> How is that “evil”? Isn’t that the crystallization of the teleological purpose of a company?
> The ideal company works to maximize shareholder value. And not just short-term value, but the amortized value of the company in perpuitity....
> The ideal situation is that the company pays employees as little as possible and charges customers as much as possible....
It might be for some people, but I wouldn't say that view is universal. In my view the teleological purpose of a company is to strive to act morally and ethically while providing value to society. I think trying to replace that with a mechanism driven by a map-model is pretty dystopian.