4 ms·
>I've long been of the opinion that the public trading of companies is directly responsible for much of the social injustice we see in the West. Based on what?
by macspoofing 7y ago
>I've long been of the opinion that the public trading of companies is directly responsible for much of the social injustice we see in the West.
Based on what? And in contrast to what?
I suspect we differ in our fundamental ideological assumptions, especially if you subscribe or are friendly to Marxism - because I completely fail to connect Apple (or GE, or some publicly traded mid-size company) to any sort of 'social injustice'.
>As soon as there's a fiduciary duty to maximize ROI, morals go out the window.
No, they don't. Certainly, if you're a widget company, the focus is on making the best widgets within your constraints (and not solving homelessness) but that's as nefarious as a saying a carpenter doesn't have morals because he focuses on carpetry.