4 ms·

Only thing I ever remembered was that they were founded by Mitt Romney which immediately reminds me of the "Corporations are people" quote.

• sushshshsh 6y ago
  Corporations definitely are people, just ones that have a legal duty and financial incentive to act extremely selfishly and deceptively.
  • tomhoward 6y ago
    That's a caricature. Company directors have a legal duty to act in the interests of the company (as distinct from shareholders), but that doesn't mean they have to "act extremely selfishly and deceptively", any more than individuals do or should. People and companies need to balance their individual short term self-interest with their reputation and long-term interest. Like individuals, some companies can act like assholes, but when the system works well, people will stop associating with those ones. Of course, cronyism, monopoly effects and other issues mean the system doesn't always work well, but that's a somewhat separate matter.
    • sushshshsh 6y ago
      Nice so I'm being downvoted by anti corporate and pro corporate people, good to know. You compared the level of selfishness of corporations to individuals. I wonder if other people here would agree with that. My original intent was to confirm that corporations are indeed made up of people, who have motivations. Most people here would deny that corporations should be considered people.
      • tomhoward 6y ago
        > Most people here would deny that corporations should be considered people. Most people understand the legal basis for that when it's explained. And most people understand that corporations are run by people and are built to benefit (some) people.