4 ms·
Fair enough. I don't think capitalism is the source of the problem, though, but public trading of company shares. And more specifically, the concept of fiduciar
by deadbeeves 5y ago
Fair enough. I don't think capitalism is the source of the problem, though, but public trading of company shares. And more specifically, the concept of fiduciary responsibility. I honestly think that's poison in how it misaligns incentives and that it's socially a net negative, if we assume that the societal purpose of a company is primarily to provide services to its customers.
- emptysongglass 5y agoI think your take on the root cause is more nuanced and better than my own. That said, I don't know how we change an industry entrenched in this poison field.