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Of course it is rooted in law, natural law. Imagine a company makes a decent profit and then decides its goal is not to make so much profit anymore? What do you
by WanderPanda 6y ago
Of course it is rooted in law, natural law. Imagine a company makes a decent profit and then decides its goal is not to make so much profit anymore? What do you think would happen? I would vouch for Parkinsons Law kicking in instantly. This would just end up in a waste of resources and misery overall
- kergonath 6y agoI think I see what you mean, but natural law is something else entirely. Under that framework, maximising profit for the few at the expense of the rest of society is unjust. https://en.m.wikipedia.org/wiki/Natural_law https://en.m.wikipedia.org/wiki/Natural_law
- WanderPanda 6y agoAh didn‘t know that, thanks! (was translating literally from german)
- kergonath 6y agoThere’s a bit more here, also interesting: https://acoup.blog/2019/12/12/collections-a-trip-through-cicero-natural-law https://acoup.blog/2019/12/12/collections-a-trip-through-cic... We could use a revival of these ideas (which were the foundation of the enlightenment) in our era of blasé cynicism. Then, if I understood, your point goes back to “might makes right”, as in, we have the power, we might as well take the money, and to hell with long term prospects or society. It is unfortunate that these people have so much influence over the rest of us. It is also a demonstration that optimising private interests does not result in public good, that is, the invisible hand of the market is utter bollocks.