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>> Starbucks is optimizing for their profit. Are we shocked businesses are optimizing for their profit? Isn't that their purpose?
by kumarm 2y ago
>> Starbucks is optimizing for their profit.
Are we shocked businesses are optimizing for their profit? Isn't that their purpose?
- throwaway173738 2y agoCorporations were originally for some public benefit. It’s only recently that profit has become their sole aim.
- nine_k 2y agoWhen were corporations for public benefit? Even medieval corporations were for the benefit of the participants, and only tangentially the public at large.
- p_j_w 2y agoIf they're meant to serve no public benefit then perhaps they should be stripped of the legal protections they enjoy.
- nine_k 2y agoWhat kind of legal protections do you think should go? BTW, say, your bedroom serves no public benefit; its point is to provide you some highly private benefits. Is it bad? I'd say that any activity is fine, as long as it does not result in or intended for public harm. Providing a public benefit should be strictly optional; paying taxes should be enough.
- p_j_w 2y ago>What kind of legal protections do you think should go? Shielding people from liability is a good start. >BTW, say, your bedroom serves no public benefit; its point is to provide you some highly private benefits. Is it bad? I can't commit crimes in my bedroom and escape any and all responsibility for it.
- feetsoup 2y agoPretty sure you can commit crimes in your bedroom, and pretty sure a crime is easier to get away with when you have a private space to do it/hide stuff in.
- amanaplanacanal 2y agoThen why are we giving the owners limited liability? In exchange for what?
- dukeyukey 2y agoIn exchange for taxing them twice. First with Corporation Tax, and then on salaries/dividends/capital gains/however the shareholders extract income from the corporation.
- specialist 2y agoBenefit of the granting authority.