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Nonsense… businesses are run by humans, and the goals and values of the business are whatever the leaders and or owners are. Running a business often requires

by _yb2s 3y ago

Nonsense… businesses are run by humans, and the goals and values of the business are whatever the leaders and or owners are. Running a business often requires making hard choices to keep the doors open, but those choices, and the choice to stay open at all, depend on who is making them. The modern publicly traded company (effectively owned and operated by Wall Street traders) is somewhat unusual in the history of business, in being structured specifically to require everyone to act solely for shareholder value or profit. But it is a choice to structure a business in this way, and things like B corps, co-ops, etc. are different structures designed to optimize for different goals and values.

grungydan 3y ago
Thank you. The modern usage of corporate structure as a complete get-out-of-consequences card, combined with the fact that every politician is just a warm body filling a suit at which corporations throw money to rubber stamp regulations...written for the lawmaker by the corporation are the problems. Problems. I'll say it again for the kindergarteners that still think Libertarianism is cogent. These are problems.
Sohcahtoa82 3y ago
> Nonsense… businesses are run by humans, and the goals and values of the business are whatever the leaders and or owners are. As soon as the business is publicly traded, the goals and values are just money. If the goals and value aren't money, then eventually the people making decisions will be replaced with people who value the money.
- jgeada 3y ago
  True for the US and the UK, where finance is king and Chicago school economists dominate. I've always felt that economists here are the modern equivalent of soothsayers: they tell their patrons what they want to hear, massaged with enough mathematical nonsense to disguise that there is nothing there but raw self-interest. By contrast, in Germany 1/2 of the seats on the board of a public company must be elected by workers. So there finance and money can't just replace engineering.

by _yb2s 3y ago

grungydan 3y ago

Thank you. The modern usage of corporate structure as a complete get-out-of-consequences card, combined with the fact that every politician is just a warm body filling a suit at which corporations throw money to rubber stamp regulations...written for the lawmaker by the corporation are the problems. Problems. I'll say it again for the kindergarteners that still think Libertarianism is cogent. These are problems.

Sohcahtoa82 3y ago

> Nonsense… businesses are run by humans, and the goals and values of the business are whatever the leaders and or owners are. As soon as the business is publicly traded, the goals and values are just money. If the goals and value aren't money, then eventually the people making decisions will be replaced with people who value the money.

jgeada 3y ago
True for the US and the UK, where finance is king and Chicago school economists dominate. I've always felt that economists here are the modern equivalent of soothsayers: they tell their patrons what they want to hear, massaged with enough mathematical nonsense to disguise that there is nothing there but raw self-interest. By contrast, in Germany 1/2 of the seats on the board of a public company must be elected by workers. So there finance and money can't just replace engineering.