4 ms·
The only honest mission statement is, "we exist to make as much money as possible" And until shareholder supremacy is no longer a thing, anything else is a lie
by tomc1985 4y ago
The only honest mission statement is, "we exist to make as much money as possible"
And until shareholder supremacy is no longer a thing, anything else is a lie
Support your favorite B-corp, folks
- eshack94 4y agoExactly this. I don't understand why companies that exist to make money feel the need to be dishonest about their desire to make money.
- lowbloodsugar 4y agoBecause far too many potential employees still believe in a just world.
- weq 4y agoCapitalism exists to eat all else. Every class has its own destiny.
- mlmonkey 4y ago"we exist to make as much money as possible".... for ourselves. You plebes should just be thankful that you have jobs.
- bb88 4y agoAnd it better be your favorite B-corp, too, we pay your f'ing salaries.
- avivo 4y agoNot exactly right anymore. Check out https://www.unepfi.org/publications/investment-publications/universal-ownership-why-environmental-externalities-matter-to-institutional-investors-2/ https://www.unepfi.org/publications/investment-publications/... "Large institutional investors are, in effect, “Universal Owners”, as they often have highly-diversified and long-term portfolios that are representative of global capital markets. Their portfolios are inevitably exposed to growing and widespread costs from environmental damage caused by companies. They can positively influence the way business is conducted in order to reduce externalities and minimise their overall exposure to these costs. Long-term economic wellbeing and the interests of beneficiaries are at stake. Institutional investors can, and should, act collectively to reduce financial risk from environmental impacts." Also https://theshareholdercommons.com/ https://theshareholdercommons.com/ / https://engine1.com/ https://engine1.com/ that are working to embed this into corporate DNA