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> But companies are explicitly designed from the ground up to maximize profits at the expense of everything else I don't think this would be as much of a probl
by das_keyboard 3y ago
> But companies are explicitly designed from the ground up to maximize profits at the expense of everything else
I don't think this would be as much of a problem if said profits would be used in the companies interest. But instead the money is used to make some rich CEOs & shareholders even richer while semi-legally avoiding as much taxation as possible.
- resolutebat 3y agoWell, that's the thing, if a company is controlled by its stakeholders of course the stakeholders will funnel all the profits straight into their own pockets. This is exactly why we have benefits (B) corporations, where companies are required to support the original mission of the company. Of course, the problem is that the vast majority of companies out there are not B corps.