3 ms·
As a classical liberal, I believe two important things: 1. the grandparent should be free to direct his business anyway he wants and that includes giving 100%
by gburt 15y ago
As a classical liberal, I believe two important things:
1. the grandparent should be free to direct his business anyway he wants and that includes giving 100% of his profits to charity;
2. people should have discussions about what is good, logical policy for a business or individual to practice. This includes discussing whether businesses should push profits to their shareholders/employees or pay them out to charity. I agree with the sentiment that funds should probably be distributed to the stakeholders (share- and employees), because having more diverse money encourages a more efficient market in philanthropy.
- tptacek 15y ago"shareholders/employees" vs. "charity" is a confusing way to frame the decision. The reality is more like [owners, investors, employees, charity]. Most businesses push profits to their owners and investors, and compensate employees with salaries. Money that is properly understood as "return on investment" can safely be "pushed" to charities without any moral or ethical quandaries. Money that is owed to employees can't be donated to charities at all. Fortunately: nobody is suggesting that it should be. It is not a valid criticism to complain that money that the owners of the company are entitled to anyways is instead going to charity. Let's let people do good things without looking for reasons to bitch at them.