3 ms·
> Corporations exist for the purpose of returning money to shareholders, not for the purpose of permanently employing unneeded workers. 'Let them eat cake'. T
by eternalban 3y ago
> Corporations exist for the purpose of returning money to shareholders, not for the purpose of permanently employing unneeded workers.
'Let them eat cake'.
There is a pov that societal interdependence is a fact, and that means that societal actions must ultimately be benefitial to the society at large.
This point of view can then hold that liberal market economy is a good thing because it promotes and engenders productive social activity (induced by economic self-interest) that then results in greater societal well being. So here the "economic self-interest" is the frosting on the cake: the cake is "productive social activity". So we in the liberal West go and congratulate ourselves in that our 'greater good system' is also 'better for the individual' as well. It's great!
But, some in our system do not hold to the view that societal interdependence is factual, or even if it is, it is desirable. To them, the cake of our system is "economic self-interest" and the societal well-being thing is, frankly, a nuissance, a "cost of doing business".
This is the germ of the issue, imo.