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To be fair, competition and investors tend to pressure corporations to place profit above any other values - the only way to maintain those values is to be forc
by deogeo 7y ago
To be fair, competition and investors tend to pressure corporations to place profit above any other values - the only way to maintain those values is to be forced by an external, 'arbitrary' force, like the law, or eccentric owner unconcerned with pure profit.
- meshr 7y agoDo you know any projects that try to solve this problem?
- deogeo 7y agoGovernment regulation solved parts of it - stuff like environmental protections or labor laws. But in general, it's a very hard problem, and I don't think a theoretical solution exists yet. You can read more about it here: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ https://slatestarcodex.com/2014/07/30/meditations-on-moloch/
- solidsnack9000 7y agoAn external, accountable force like the law can work but not a truly arbitrary one like heirs not subject to any constraints.
- deogeo 7y agoBut they are subject to constraints! They're subject to the law (ideally, anyway...), so the two options aren't in opposition. So yes, it can't work reliably, but still better than the pure profit motive, which is guaranteed to forsake any other values.