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Companies have values because they are not machines. They are organizations of people, who do have values. (And sometimes even agree on them.) Also, you're dec
by skybrian 4y ago
Companies have values because they are not machines. They are organizations of people, who do have values. (And sometimes even agree on them.)
Also, you're decades out of date on shareholder capitalism. ESG is big now. Even the shareholders don't necessarily want to you to maximize profit.
- raxxorraxor 4y agoESG is primarily a mechanism for shareholders to get even more influence. This is not altruism. On the contrary, they leverage their financial advantages. Road to hell in my opinion.