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And another lesson: we define business success by how much money they make, not by how beneficial they are to society.
by lemagedurage 6mo ago
And another lesson: we define business success by how much money they make, not by how beneficial they are to society.
- rvnx 6mo agoSounds like how governments are installed, by force
- alexgieg 6mo agoThat didn't use to be the case. In the US many laws were approved in the 1930s that forced businesses to keep stakeholders in mind, not just shareholders. That led the US to become the global powerhouse it became, and its middle class to boom. Then in the late 1970s came deregulation, and those laws were all reversed, resulting in the new two-class system Americans are learning to hate, a new robber barons era very reminiscent of the previous one. Too bad most everyone is lost in the artificially engineered "culture war" to notice they have a common enemy, one who benefits from the proles fighting each other rather than uniting against them.