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For some corporations, yes, that is what they are supposed to do. However I make a distinction when it comes to the size of the company and the type of service
by BitwiseFool 5y ago
For some corporations, yes, that is what they are supposed to do. However I make a distinction when it comes to the size of the company and the type of service they provide. There are some businesses and industries that I believe need to act like impartial utilities. Banking is one such sector.
- nickelcitymario 5y agoThere's no such thing as an impartial utility. Every move impacts some groups positively and others negatively. You might be able to argue for the existence of a naive utility, one that doesn't bother being aware of the impacts of its investments. But that seems kinda silly in my books.
- admax88q 5y agoIf banking is a utility, are they required to invest in anyone who asks?