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I agree that companies who are monopolies (especially government granted monopolies) have a responsibility towards society. But this does not apply to companie
by heathrow83829 1y ago
I agree that companies who are monopolies (especially government granted monopolies) have a responsibility towards society. But this does not apply to companies that need to compete to exist. For example, if a restaraunt or airlines (highly competitive industry), did anything to reduce their competitiveness they would instantly loose marketshare. that doesn't work.
which one is Microsoft?
- riffraff 1y agoIt does not apply if regulation allows it, but this does not need to be the case, and has been debated for decades > [the New Deal architect, A. A. Berle] argued that corporations should "serve ... all society" through legally enforceable rules https://en.wikipedia.org/wiki/Berle%E2%80%93Dodd_debate https://en.wikipedia.org/wiki/Berle%E2%80%93Dodd_debate "profit is the only goal" is not a law of nature, it's the outcome of a specific system of laws.
- DrillShopper 1y agoYes, and who owns the politicians that make those laws? It certainly isn't the worker.