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For profit companies don't make decisions because they're right. Right and wrong have no meaning in capitalism. Companies make decisions based on profits. We m
by post_below 5y ago
For profit companies don't make decisions because they're right. Right and wrong have no meaning in capitalism. Companies make decisions based on profits.
We might wish it were different, but it very clearly isn't.
The best we can hope for is that public pressure convinces companies that right and profitable overlap.
- lbriner 5y agoThat is an absolute statement being applied to a relative world. The idea that a company won't make a right decision ever is patently absurd. The idea that there are good companies and bad companies is likewise absurd. Of course, a large company has to worry about money because their burn rate is so high, to imply otherwise is naive. It doesn't follow that a cash rich company won't decide to sustainably source materials or pay a fair wage for their employees. Whether companies should ever be allowed to get that large is a different discussion.
- post_below 5y agoHold on, when did anyone introduce the idea that a company won't make a right decision ever? That's a pretty dramatic mischaracterization of my comment. It's so easy to find something 'patently absurd' in a comment if you aren't bound by the actual content of the comment. Maybe there was something confusing in my choice of words, given the downvotes. I don't think HN is naive enough to think that large publicly traded companies genuinely make decisions based on moral concepts like right and wrong. If they do the right thing, they do it because they see an advantage in it. That's how they're designed to function.