3 ms·

Believe it or not, some people think "the purpose of a business is to produce useful things". Crazy, right?

• deleted 3y ago
  [deleted]
• johngladtj 3y ago
  Providing shareholder value is the useful thing they are supposed to produce. Anything else is a side effect
• Phiwise_ 3y ago
  I agree. It's crazy that someone who didn't put up the skin to acquire the business thinks they should get to run it anyway.
• cortesoft 3y ago
  Yeah, and some people believe the earth is flat. If we wanted a society where the purpose of a business is to produce useful things, then we should not have the rules set up like they are. You can't create an entire system of rules and regulations that set it up so the incentives are all aligned for companies to exist to make money, and then be surprised when those incentives work.
• tylersmith 3y ago
  It's not crazy that people are wrong about facts, but then they should keep their opinions to themselves.