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This seems so basic Incant believe economists are even arguing this still. Milton / argument is not dissimilar to a naive view of survival of the fittest. Yet i
by rdlecler1 7y ago
This seems so basic Incant believe economists are even arguing this still. Milton
/ argument is not dissimilar to a naive view of survival of the fittest. Yet in nature, we have altruism. If you want to maximize shareholder value you need to maximize stakeholder value. Just like in nature where being as greedy as possibly does not always maximize fitness.
- rumanator 7y ago> Milton / argument is not dissimilar to a naive view of survival of the fittest. Yet in nature, we have altruism. I don't understand the point you're trying to make. Altruism also contributes to higher fitness because altruistic communities transfer surplus resources to members in need, thus improving their odds to endure through hard times.
- rdlecler1 7y agoThat is my point. But the simple minded view of evolution found altruism challenging. I’m saying that increasing shareholder value is the simpleminded equivalent, that we should be focused on stakeholder value.
- rumanator 7y agoI don't agree you have a point. You try to make a point and accuse it of being naive, but once your point was totally refuted you still insist on it by resorting to demeaning accusations such as "naive" and "simpleminded" even though you acknowledge your accusations are baseless and wrong.