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I think it's problematic to think of companies as anything other than organizations maximizing profits. If you have two companies A and B, where A maximizes pr
by Etherlord87 5y ago
I think it's problematic to think of companies as anything other than organizations maximizing profits.
If you have two companies A and B, where A maximizes profits, and B perhaps cares about profits but also has other goals, which company will grow faster, making the other less and less relevant?
Therefore I think a company's purpose is to maximize profits, and society's purpose is to make "good behavior" the most profitable.
This is not to say that it's impossible for a company to follow some moral goals and therefore become stronger due to the marketing power of such conduct, or high employee morale. What I want to say, that it would benefit our society if we worked out mechanisms that make it predictable and gather precedents to convince investors to such behaviors.