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I would argue that fiduciary responsibility mandates that corporate leaders do everything right up to the legal boundary in pursuit of their shareholders intere
by thegrimmest 2y ago
I would argue that fiduciary responsibility mandates that corporate leaders do everything right up to the legal boundary in pursuit of their shareholders interests. In fact profitably violating regulations would also be the right thing to do in this case. Certainly most shareholders seem to appoint executives that do exactly that.
- worik 2y ago> corporate leaders do everything right up to the legal boundary in pursuit of their shareholders interests. Yes, that happens Those are evil, short sighted people, sociopaths, who should not be emulated
- thegrimmest 2y agoSociopaths and other dark triad types have been the driving force in unifying and leading people since prehistory. It takes exactly that kind of person to unite tribes of strangers in order to go conquer, subjugate, and murder your neighbours. "Evil" is immaterial. Markets and society are ecosystems, and the optimal patterns of behaviour in ecosystems are as ruthless as they are predictable.
- worik 2y ago> "Evil" is immaterial. No. Never