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Your economics teacher was wrong. The purpose of a corporation is to fulfill their chosen corporate mission. Corporations are no more bound to choose financial
by pbhjpbhj 6y ago
Your economics teacher was wrong.
The purpose of a corporation is to fulfill their chosen corporate mission. Corporations are no more bound to choose financial accumulation _above all else_ than are any of the people that form those corporations.
Cooperatives and public interest companies are corporations, for example.