3 ms·
> So [...] we cannot have nice things Repeat after me. Corporations do not exist to give you nice things. They exist to enhance shareholder value. Anything th
by madmax108 4y ago
> So [...] we cannot have nice things
Repeat after me. Corporations do not exist to give you nice things. They exist to enhance shareholder value.
Anything that helps with that is "fair game" from the PoV of a corporation, be it offshoring maintainance work or support, laying off folks, establishing HQs in tax havens.
- Terretta 4y agoAn entire class of corporations has a name -- "lifestyle business" -- where the value to the shareholders (owners, or owner-employees) is the lifestyle it enables rather than some potential IPO pop. Such things exist, and do employ people who then enjoy those benefits as well.