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> OTOH, a publicly traded corporation is also bad because because, motivated solely by growth, There is nothing that says a public company must only be motivat
by VirusNewbie 5y ago
> OTOH, a publicly traded corporation is also bad because because, motivated solely by growth,
There is nothing that says a public company must only be motivated by growth. Tesla's mission statement doesn't say anything of the sort and has done things that don't fulfill the idea of growth or profit at all costs.
Now you might argue that institutional investors don't care about that since there's an indirection between actual shareholders, but that's a related but different issue.