4 ms·

They're for-profit organizations, for mission to come before money would be highly aberrant.

• Aperocky 4y ago
  for profit organization's mission is primarily make money.
  • WalterBright 4y ago
    Fortunately, they can only make money by pleasing their customers.
    • pastacacioepepe 4y ago
      Pleasing their customers != Telling them the truth You also forget about the role of shareholders.
      • WalterBright 4y ago
        Defrauding customers is against the law in free market economies.
        • pastacacioepepe 4y ago
          Curious how it still happens all the time, on every degree of free market from lasseiz-faire to state capitalism.
    • squokko 4y ago
      This is not even remotely true. Making your customers angry is a much more profitable media strategy than "pleasing" them. All studies have replicated the consumption of more news with more negative emotions because "if it bleeds, it leads." People make poor rational choices with alcohol, drugs, junk food, media, and pretty much everything else.
      • WalterBright 4y ago
        > This is not even remotely true. Does that mean you regret nearly every purchase you make? > Making your customers angry As a businessman, I can attest that making my customers angry is very unprofitable. > People make poor rational choices with alcohol, drugs, junk food, media, and pretty much everything else. That doesn't mean they aren't pleased with their purchase.
        • pastacacioepepe 4y ago
          >> People make poor rational choices with alcohol, drugs, junk food, media, and pretty much everything else. > That doesn't mean they aren't pleased with their purchase. That just goes to show you that "pleased customers" is a bad metric to optimize a society on.
        • squokko 4y ago
          > As a businessman, I can attest that making my customers angry is very unprofitable. Are you in the news business? https://www.hbs.edu/ris/Publication%20Files/Left-%20and%20Right-Leaning%20News%20_3d45857a-8210-4d4a-83d5-01508848006a.pdf https://www.hbs.edu/ris/Publication%20Files/Left-%20and%20Ri...
          • nomel 4y ago
            You're not making people angry with anything related to your business of presenting news. Guests and topics may make people angry, but that's an externality.
• incompatible 4y ago
  We live in a system which is basically designed to encourage chasing profit over all other considerations, with a complex web of regulations which supposedly attempt to restrain some of the worst consequences, or at least the consequences that the voting public may make a fuss over. People are fickle though, voting for politicians who promote small government, low taxes, and economic inequality, then complaining about things like price-gouging during disasters (which is basically economics 101 in a free market, supply and demand curves), or monopolists setting their prices to maximize their profits (also found in economics 101), or wanting safe food and buildings or better newspapers.
• grecy 4y ago
  Which is also true for heathcare, education, prisons and many, many more aspects of US society. Making money IS the mission.