"The US cultural bias is showing here, as it's assumed that profit is above all else, and a company that forgoes profit to make workers happier must thus be les

"The US cultural bias is showing here, as it's assumed that profit is above all else, and a company that forgoes profit to make workers happier must thus be less good." It's possible companies with lower profits don't survive when they can be outcompeted by the higher earning companies. This sort of competition has killed plenty of companies.